Weak loonie, trade war could drive food prices higher: Metro
- Metro is in 'wait and see' mode regarding potential tariffs from U.S. President Donald Trump, according to Chief Executive Eric La Flèche.
- The Canadian dollar's weakness and potential trade disruptions could threaten food inflation, La Flèche stated.
- Metro plans to open 12 new stores in 2025, mostly discount stores, which are seeing higher sales growth.
- Metro reported a first-quarter profit of $259.5 million, up from $228.5 million a year earlier.
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Coverage Details
Total News Sources0
Leaning Left9Leaning Right2Center3Last UpdatedBias Distribution64% Left
Bias Distribution
- 64% of the sources lean Left
L 64%
C 22%
14%
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