Canadian consumers are right, there is a price gap between the cost of goods in Canada and cost of goods in the United States. This has been an issue that retail buyers, wholesale reps and Canadian distributors have been struggling with for well over a decade.
Most Canadian cities are located within a few hours of the US border. Better sales, better brands, and better pricing have been consistent reasons cited by customers for shopping in the US, instead of Canada. Although there is better brand availability in Canada, pricing is still a concern.
The retail industry has largely attributed higher taxes, shipping, customs and duty for this perception. But a new Statistics Canada Report indicates that the before-[consumer-]tax price of non-regulated goods is almost 25 percent higher.
Read the rest of this article at Retail Assembly.
