Odd Burger Halts US Expansion, Focuses on Canada Amid Tariff Concerns
Odd Burger Halts US Expansion, Focuses on Canada Amid Tariff Concerns

Odd Burger Halts US Expansion, Focuses on Canada Amid Tariff Concerns

News summary

Odd Burger Corporation has decided to suspend its U.S. expansion plans due to rising political tensions and tariff uncertainties between Canada and the United States. Initially, the company had aimed to invest $2 million in its U.S. operations; however, it will now redirect those funds to strengthen its Canadian manufacturing and franchise operations. The company is focusing on meeting the growing demand for plant-based products within Canada and supporting local businesses in transitioning to domestically produced items. Odd Burger's CEO, James McInnes, highlighted the need for pricing certainty before proceeding with U.S. initiatives, particularly in light of tariffs set to take effect on April 2, 2025. The company operates a manufacturing facility in Ontario and produces a variety of plant-based foods, which are distributed across Canada. This strategic shift aims to enhance Odd Burger's presence in its core market while navigating the uncertain trade landscape.

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Last Updated
33 days ago
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