Canada seeks closure of retail-price gap

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The Canadian government unveiled a new approach for clamping down on Canada-U.S. “cross-border price discrimination” — that is, U.S. companies charging higher prices in Canada for the same products sold at lower prices in the United States without justification from higher operating costs.

The Canadian government added the initiative to what it calls its “consumer-first agenda,” National Marine Manufacturers Association Canada executive director Sara Anghel wrote in a newsletter Thursday.

The Canadian government plans to put forward legislation that will give more investigative powers and authority to the Commissioner of Competition “to go after these companies and level the playing field for many, including Canadian manufacturers selling their product domestically,” Anghel wrote.

Canadian finance minister Jim Flaherty has also announced a $390 million investment to Parks Canada during the next five years.

The investment will benefit the recreational boating industry because the money will go toward improvements to infrastructure in national parks and along Canada’s historic canals.

One specific project identified as a priority for upgrading was the Crow Bay Dam on the Trent-Severn.

“This investment may improve overall access through many Canadian waterways and, as a result, will have a positive economic impact on local businesses, tourism industries, etc.,” she wrote. “NMMA will continue to work with the federal government to address concerns over the reduced hours of operation to the waterways.”

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Comments

2 comments on “Canada seeks closure of retail-price gap

  1. Gerald T. Odom

    It’s really great that the Canadian government is involved in determining how products should be “competively” priced. I guess the buying public is stupid.

    Canadian government really has a handle on “business”. They do things that any student that completed Economics 101 would laugh at. I delivered a boat from Florida to Michigan via the Erie/Otsego Barge Canals – Murray/Trent Severn Canals about 7 years ago. Bad economic times!! American canals were free and open from 7:00am-10:00pm every day. The Canadian canals cost me over $200.00 to make the trip and were open from 9:00am – 4:00pm. The individual lock prices were so expensive it cost close to $50.00 to make a round-trip transit through a lock. No wonder there wasn’t any traffic on the canal except Me !!
    I understand the trip from Lake Ontario to Georgian Bay now costs appx. $800.00. Anyone in Canada ever hear of supply and demand?

  2. Bob

    I love the job title: Commissioner of Competition! What a joke! I hope they don’t give the Obama administration any ideas. This concept is just terrible. They’re going to go after American companies that “charge too much” and Canadian companies that have increased their price because the American companies are selling high!? Maybe there are costs that the Commissioner of Competition does not realize. Too bad there are not many free markets left in the world. Free markets continue to be attacked on all fronts. There is no better system yet devised, that can provide goods and services as efficiently or effectively as a free and unencumbered market. Central planning never works!!

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