Chile Autos Q1 2019
Growth prospects across Canada’s food and drink industry will be strongest in the premium and health-relatedsegments, which are where we expect to see continued investment opportunities. The legalisation of production and consumptionof marijuana in Canada, which came into effect in October 2018, will create a new market, with beverage majors looking to gainearly mover advantage in launching cannabis-infused drink products. We note however that the Canadian economy is coolingwhich, combined with higher food prices due to trade tensions and rising commodity prices, is likely to weigh on growth andindustry margins from 2019 onwards.
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