00000cam 2200000zi 4500 9.965189 CaOODSP 20260814101822 m o d f cr cn||||||||| 260814e20260626oncad ob f000 0 eng d CaOODSP eng rda CaOODSP n-cn--- FB3-5/2026-22E-PDF Cavallo, Alberto, author. The price impact of Canadian retaliatory tariffs / Alberto Cavallo, Olena Kostyshyna, Oleksiy Kryvtsov, Matias Vieyra. [Ottawa] : Bank of Canada = Banque du Canada, June 26, 2026. ©2026 1 online resource (33, 36 pages) : illustrations, graphs. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff working paper = Document de travail du personnel, 1701-9397 ; 2026-22 Title from cover. Includes bibliographical references (pages 29-33). "How do import tariffs affect retail prices? We combine daily product-level posted prices from seven major Canadian retailers with product-level tariff exposure to estimate tariff effects in a difference-in-differences framework. Prices of tariffed goods rose gradually, peaking at 6% after three months, implying pass-through of roughly one quarter of the 25% tariff. We find little spillover to untariffed substitutes and a rapid reversal of price effects after tariff removal. Adjustment occurred mainly through the frequency of price changes. Pass-through shifted with trade-policy news and was larger for products labeled "Tariffed," showing that tariff-induced inflation depends on policy expectations and tariff salience"--Abstract. Tariff Economic aspects Canada. Inflation (Finance) Economic aspects Canada. Tarif douanier Aspect économique Canada. Inflation Aspect économique Canada. Bank of Canada, issuing body. Staff working paper (Bank of Canada) 1701-9397 ; 2026-22. (CaOODSP)9.806221 PDF 7.97 MB https://publications.gc.ca/collections/collection_2026/banque-bank-canada/FB3-5-2026-22-eng.pdf