cover image: The Canada-USA price gap : Écart de prix entre le Canada et les États-Unis

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The Canada-USA price gap : Écart de prix entre le Canada et les États-Unis

31 Jan 2013

Gary W. O’Brien Clerk of the Senate Extract from the Journals of the Senate of Monday, June 11, 2012: With leave of the Senate, The Honourable Senator Day moved, seconded by the Honourable Senator Moore: That, notwithstanding the order of the Senate adopted on Thursday, October 6, 2011, the date for the presentation of the final report of the Standing Senate Committee on National Finance on its st [...] On 6 October 2011, the Senate referred the following mandate to this committee: Study the potential reasons for price discrepancies in respect of certain goods between Canada and the United States, given the value of the Canadian dollar and the effect of cross-border shopping on the Canadian economy. [...] The report then examines the impact of country pricing and market segmentation, the relative size of the Canadian market, customs tariffs, the volatility of the exchange rate, the price of fuel, product safety standards, the de minimis threshold for postal shipments and the level of competition on the price discrepancies for certain products between Canada and the. [...] Consequently, the retail prices can adjust to the appreciation of the Canadian dollar only if the manufacturers, the wholesalers and the distributors change the price they charge to retailers. [...] Given that the price paid by the Canadian importer is higher than the price paid on the first sale between the foreign manufacturer and the foreign wholesaler, which acts as a middleman for the Canadian importer, the revenues collected by a given tariff rate in Canada are higher than those collected by the same tariff rate in the U. S. Additionally, representatives from the Canadian apparel indust
government politics economics retail economy exchange rate tariff international trade canada business competition consumer goods copyright exports foreign exchange rates exchange rates imports prices canadian dollar licensing car copyright act coefficient of variation option e-book parallel importation kobo canadian dollars
Pages
75
Published in
Canada

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