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‘We are out of business’: Founded in 1954, 70-year-old Canadian honey farm faces bankruptcy after 50% US t

  • Posted on August 23, 2026
  • By Business News Today
  • 0 Views
  • 1 min read
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‘We are out of business’: Founded in 1954, 70-year-old Canadian honey farm faces bankruptcy after 50% US t
‘We are out of business’: Founded in 1954, 70-year-old Canadian honey farm faces bankruptcy after 50% US t

A 70-year-old family-run Canadian honey farm is facing a potential financial crisis after the United States imposed a 50% tariff on Canadian goods, including natural honey. With around 90% of Podolski Honey Farms production sold to American customers, general manager Osee Podolsky says the new duties could make exports unviable and push the Manitoba business toward bankruptcy.
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