The following is excerpted from the 14 April 2011 edition of "globeandmail.com".

A price gap between Canadian and U.S. products has widened sharply with a surge in the loonie (CAD/USD-I1.040.00080.08%) that should lower prices on this side of the border.

Prices on a selection of goods studied by BMO Nesbitt Burns are now an average 20.4 per cent higher than those of the same products in the United States, compared to a spread of less than 7 per cent in the summer of 2009...

This article is available in its entirety on the Globe and Mail website at:

http://www.theglobeandmail.com/report-on-business/canadian-us-price-gap-surges/article1985107/

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