Trade shocks put food and beverage margins under pressure, FCC reports

Tariffs and trade disruption are shifting the outlook for Canada's food and beverage manufacturers from resilience to risk management, according to a mid-year update from Farm Credit Canada (FCC) Economics. Sales rose four per cent in the first half of 2026, but new U.S. trade restrictions, Canadian counter-tariffs and renewed energy and freight volatility are putting pressure on margins.