US, Canada price comparison study
Feb 6, 2013 / 6:25 am
Shoppers wondering why a stronger loonie has failed to level prices in Canada and the United States for many products may get some answers today.
A Senate committee that held hearings on price differences between goods in the two countries is set to release its report.
The Senate finance committee heard a variety of reasons why the same goods often have higher price tags in Canada despite the stronger Canadian dollar.
Finance Minister Jim Flaherty told the committee he wants Canadian consumers to benefit from the higher loonie.
The minister has conceded, however, that government policies such as tariffs may be part of the reason for the discrepancy.
The loonie closed Tuesday at 100.38 cents U.S.
Read more Business News
|QHR Technologies Inc||1.28||+0.09|
|Anavex Life Sciences||0.38||0.00|
|Copper Mountain Mining||1.54||-0.01|
This column is the last of three, for how to prove your personal injury claim. It is the piece de resistance of the trilogy, the Chuck Norris piece – the final say! As mentioned in the first two...
The bank manager just phoned and asked for full and immediate repayment of the line of credit because the latest, (and they were late!), financial statements showed continuing losses and falling sales...
Recently I recorded a video series for my keynote speaking business. It was called from Faith to Future. In one of the episodes, I talked about the concept of using hard work to get out of a difficul...
- Healthy hiring in November would mark fourth straight month of solid job growth
- Bruce Lee's iconic yellow jumpsuit fetches $100,000 at Hong Kong auction
- Spotify to allow users to create playlists on phones and tablets and listen to them for free
- US lurching from 'crisis to crisis,' politics influenced by money: Gary Doer
- Governments offers help to develop seal products in backing Atlantic industry
- Precision Drilling shares plummet as Alberta fund manager sells stake
- Most actively traded companies on the TSX, TSX Venture Exchange markets
- CIBC logs $836M profit in Q4, cautiously optimistic about next year
- Auto insurers urge holiday season refresher as young drivers return home
- Canadian Press NewsAlert: Canada creates 21,600 jobs, Nov. jobless rate 6.9%
- New CEO will help prepare Royal Bank for future, as divisions feel the pressure
- TD Bank Q4 profit rises to $1.62 billion, adjusted earnings up but miss estimate