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Canada-U.S. price differences report coming tod

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Canada-U.S. price differences report coming today


Business | 206747 hits | Feb 06 6:13 am | Posted by: martin14
9 Comment

Canadians may soon know why they pay more for many products than shoppers south of the border, with the final report of a Senate study into price differences between Canada and the U.S. due today.

Comments

  1. by avatar martin14
    Wed Feb 06, 2013 2:57 pm
    The results of this should be ... hilarious. :)

  2. by Regina  Gold Member
    Wed Feb 06, 2013 3:27 pm
    We need a report for this???? They can start with booze and gas, then move onto autos.
    Beer: $20 cheaper in the US for 24 Coors which includes ALL taxes, duty and exchange.
    Gas: $ 0.85 per litre in the US.
    Autos: $$$$$?

  3. by avatar Jonny_C
    Wed Feb 06, 2013 7:06 pm
    Booze (liquor, wine and beer) and gasoline are heavily taxed by our governments. That's where the problem lies for things like that.

    For most other consumer goods, there is no reason for American and Canadian prices to be substantially different - not any more, with the Canadian dollar stable for a long time now at about par with the US dollar.

  4. by avatar martin14
    Thu Feb 07, 2013 7:21 am
    http://www.canadaka.net/link.php?id=77701


    Import tariffs.


    Well, we could remove them, and some prices will drop, but we will also lose the tax revenue.


    Still doesn't explain books. Most books are American, and shouldn't have a tariff,
    except that 10% special mark-up mentioned in the article.
    That should be eliminated.

  5. by avatar Public_Domain
    Thu Feb 07, 2013 9:35 am
    :|

  6. by avatar saturn_656
    Thu Feb 07, 2013 10:36 am
    http://www.huffingtonpost.ca/mobileweb/ ... 24155.html

    Why an ebook almost always costs more in Canada than the US.

    Summary: We're being taken for suckers.

  7. by avatar BartSimpson  Gold Member
    Thu Feb 07, 2013 5:49 pm
    "Public_Domain" said
    I really detest seeing expencive books with an American price that I can afford, but the Canadian one is too high.


    Soon enough we'll be raising taxes on all sorts of things to pay for our 'free' health care.

  8. by avatar saturn_656
    Thu Feb 07, 2013 6:58 pm
    "BartSimpson" said
    I really detest seeing expencive books with an American price that I can afford, but the Canadian one is too high.


    Soon enough we'll be raising taxes on all sorts of things to pay for our 'free' health care.

    Canadian prices are often higher even before the application of taxes.

    Hell things made here can cost more in Canada than the US.

  9. by avatar BartSimpson  Gold Member
    Thu Feb 07, 2013 7:23 pm
    "saturn_656" said

    Hell things made here can cost more in Canada than the US.


    Mostly because you don't apply the VAT to selected exports. Like Justin Bieber.

  10. by avatar commanderkai
    Thu Feb 07, 2013 10:51 pm
    I'm a bit disappointed they didn't expand this to food products either. But yes, most Canadians are taken for suckers. I, however, shop in Detroit, so I don't get bent over every time I want to buy something.



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