Canadian retailers say they welcome the opportunity to explain to a senate hearing why consumers pay more for some items in Canada than in the U.S. The Retail Council of Canada was responding to federal finance minister Jim Flaherty’s call for a senate inquiry into complaints about the Canada-U.S. price gap.
I have no doubt in my mind that the Retail Council of Canada will be able to respond to this inquiry AND justify the difference.
Look! 4/5th’s of an iceberg is under water and 4/5th’s of this problem is before the item gets to the Canadian retailer. To truly get to the root of the problem Flaherty has to start at the beginning to understand where uplifts are placed on goods from the manufacture to distributor to shipper to retailer to customer. The supply chain is broken not just the retailer. Everyone who touches a product before it gets to the consumer is paying h gasoline, heating, electricity, packaging, shipping, labour, benefits, EHT, CPP, Workers Comp, taxes, HST and more that MUST BE factored into the price of goods before passing it on to the next entity in the chain that MUST DO the same thing.
Only one person is on the nut for ALL these charges – the Canadian Consumer.