Story continues below advertisement
Like many showrooms across the country, Richi Collection has a mixture of Canadian and imported furniture, but because of wages and environmental standards in Canada, products from Asian countries tend to be cheaper.Sofas, recliners from Vietnam, China under tariffs up to 300% by CBSA – May 18, 2021 He added the intent of the tariffs is to allow the manufacturing sector to grow in Canada, with plans of investing in factories and creating jobs in Canada.Okanagan retailers warn massive new tariffs on imported furniture will hit consumers hard
“People raced to the bicycle stores. They bought the cheaper bikes. They were happy as could be. And then later on they wake up and say, ‘Yeah, but we don’t have those jobs in town anymore,’” Ken Coates said. said Canadian furniture manufacturers can currently take anywhere from three months to a year to fill an order.A smaller retailer on Vancouver Island said some aren’t even taking new orders, as many like his business are scrambling to find a way to supply their stores for the end of the summer and into the fall.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: globeandmail - 🏆 5. / 92 Read more »
Source: nationalpost - 🏆 10. / 80 Read more »