Quote:
Originally Posted by Coralle
Even if they did reduce tariffs, what's stopping the businesses from keeping the same price? It means more money in their pocket. (If I recall correctly, that's exactly what happened when the GST reduced years ago. Everyone raised their prices to compensate.)
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Retail outlets in Canada are complaining about losing money to about cross-border shopping. If they want to do something about that, they HAVE to lower prices.
Obviously this isn't so much a concern for stores in places Iqaluit (maybe not Vancouver Island, either, unfortunately for you), but most Canadians are located pretty close to the US border...