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Canada-U.S. price gap report calls for import tax cut

The following is excerpted from the 6 February 2013 edition of CBC News.

No definitive reason seen for Canada-U.S. price differences

Senators who studied why Canadians pay more than Americans for many products are calling on the government to review the taxes on imported goods.

Consumers may see that happen: Finance Minister Jim Flaherty echoed the senators' concern about tariffs before they even tabled the report.

This article is available in its entirety at:
http://www.cbc.ca/news/business/story/2013/02/06/pol-senate-reports-on-canada-us-price-differences.html

The report, The CANADA-USA Price Gap is available here:
http://cscb.ca/sites/cscb.ca/files/repository/Senate_Report_The-Canada-USA-price-gap.pdf

Topic(s)

International Trade and Border Management

Information source

Canadian News Channel
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