A Quebec-based furniture manufacturer has laid off 115 employees due to the ongoing threat of U.S. tariffs on Canadian goods. The layoffs affect 97 workers at the company's headquarters and factory in Ste-Croix, Quebec, and 18 employees at its Eastern Townships operation.
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Despite U.S. President Donald Trump delaying his decision on the tariffs for at least a month, the company explained that the uncertainty surrounding the situation had already harmed sales. With 70% of its products traditionally shipped to the U.S., the company noted that American retailers have increasingly turned to imports from Asia instead of Quebec.
South Shore Furniture, the affected manufacturer, stated that the shift in trade patterns has severely impacted its business, forcing it to lay off workers and restructure its operations. The company added that while Trump has postponed implementing tariffs, the uncertainty around trade relations continues to influence its future plans and workforce decisions.
Source: www.bnnbloomberg.ca