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MONTREAL — Dollarama Inc. may be forced to raise prices on food and other goods imported from the U.S. because of Canada’s plans to impose tariffs in retaliation for American duties on aluminum and steel, the company’s CEO said Thursday.

Neil Rossy said he’s not worried about the discount retailer losing its competitive edge because other Canadian retailers will face the same pressures.

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“It won’t be fun for any retailer in the country and I guess the saving grace is that it will affect all retailers in Canada the same way,” he told shareholders at the company’s annual meeting.

“That being said the customer may suffer if the changes are extreme but they will suffer across all retailers because retailers can only do so much.”

Rossy later told reporters that it’s a complex task to assess the potential impact on hundreds of items, especially if consumer goods can’t be sourced from other countries.