Spend more in the US! New rules on Cross Border shopping.

Effective today, you can now spend more money shopping in the US before getting hit with paying additional duties and GST.  The government raised duty exceptions and the savings to the consumer is substantial.  While the average Canadian consumer will be celebrating, especially given the strength of our dollar, the downstream impact of this change is significant.  Retail in border towns accross our great nation will suffer the consequences, as their citizens take a drive south to purchase everything from groceries, to diapers to apparel.

Expect to hear some screaming at the gathering of Canadian Retailers at the Retail Council event next week.......

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