Tuesday, July 29th31.3°C
21450
22412

Customs officers waiving duties, taxes on U.S. goods brought back by travellers

OTTAWA - Busy Canadian border guards are giving many shoppers a pass on paying taxes and duties when they return from the United States, says an internal government document.

The briefing note for Prime Minister Stephen Harper lends credence to one of the Canadian retail industry's biggest complaints.

The note says the guards don't bother charging for lower-value goods, and sometimes are too busy to collect taxes and duties on higher-value items as well.

The document was obtained by The Canadian Press under the Access to Information Act.

A spokesman for the Canada Border Services Agency acknowledges that managers at busy border points sometimes have to adjust priorities, between revenue collection and catching forbidden imports or illegal visitors.

Cross-border shopping has risen as the Canadian dollar hit par with its U.S. counterpart, but economists say the recent fall in value will dampen the number of bargain-hunters heading stateside.

The Canadian Press


Read more Business News

22447


Recent Trending




Today's Market
S&P TSX15446.55+1.33
S&P CDNX1016.50-3.35
DJIA16912.11-70.48
Nasdaq4442.698-2.211
S&P 5001969.95-8.96
CDN Dollar0.9215-0.0046
Gold1310.00+6.70
Oil100.88-0.79
Lumber322.00-1.00
Natural Gas3.828+0.081

 
Okanagan Companies
Pacific Safety0.185-0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.20+0.05
Cantex0.085+0.02
Anavex Life Sciences0.2675+0.0025
Metalex Ventures0.085+0.005
Russel Metals35.29+0.14
Copper Mountain Mining2.86-0.11
Colorado Resources0.2250.00
ReliaBrand Inc0.10+0.019
Sunrise Resources Ltd0.035+0.015
Mission Ready Services0.155-0.035

 



22557

FEATURED Property
2012554443 Killarney Way
2 bedrooms 1 baths
$230,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Take charge of your debt

Photo: Thinkstock.comWays to reduce your Debt:Make a budget and get budget counselingA basic first step for debt reduction is to prepare a budget and plan your spending. Once you have a budget, you mu...


Geopolitical tensions rattle markets

The Big Picture Geopolitical tensions rattle markets The spectre of rising geopolitical tensions in Ukraine and Gaza cast a shadow over an otherwise positive week in the markets. News that a passenger...


Learn to delegate effectively

Photo: ContributedI have the pleasure of witnessing people delegate tasks quite often. Sometimes with tremendous success and sometimes with disastrous consequences. I have chaired a lot of committees...

_








Member of BC Press Council


22581