Many Canadian companies aren’t yet charging their customers higher prices because of tariffs, a sign that inflation pressure stemming from the ongoing trade dispute with the US may be delayed.

Third quarter data from Statistics Canada’s Canadian Survey on Business Conditions said 42% of businesses didn’t pass along tariff-related cost increases to their costumers in the past six months.

A quarter of firms said they did charge more because of tariffs, and 33% of companies surveyed said they hadn’t experienced higher costs from the tariff war.

But about 40% of firms say it’s very likely or somewhat likely they’ll need to increase prices to cover tariff costs over the next year. The survey was taken from July 2 to Aug. 6.

Along with a stalling economy, the limited pass-through of tariffs

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