May 28, 2012
The stakes in the battle over cross-border shopping, already a multi-billion-dollar business, are about to be raised when duty-free limits go up June 1.
After years of watching Canadians line up to cross the border seeking cheaper prices, particularly with the dollar near parity, local retailers now face the prospect of even higher duty-free thresholds.
Canadian retailers are starting to fight back, pushing the federal government to investigate why businesses on this side of the border face higher wholesale prices that they’re forced to pass on to consumers to stay in business.
This article was posted: Monday, May 28, 2012 at 1:13 pm