Monday, June 25, 2012

Most Like New Duty Free Limits


A new survey suggests Canadians are in a U.S. shopping state of mind this summer thanks to changes in regulations that allow them to buy more without paying duty.

A majority favour the changes that went into effect June 1st while just over half planning trips south of the border say they intend to spend more.

The Retail Council of Canada says the increases are just one more blow to merchants who must compete with U.S. competitors that often get a better deal from suppliers.