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NAFTA breakdown could cost Canadian retailers $21B: Report

Retailers need to prepare for a future where products do not move seamlessly from the U.S. into Canada if the North American Free Trade Agreement is terminated, according to a new report.

The report, from global management consulting firm A.T. Kearney, in partnership with the Retail Council of Canada (RCC) concludes that the end of NAFTA could cost Canadian retailers between $4 billion and $21 billion annually — some or all of which would be passed on to consumers.

Read more at The Toronto Star

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