Delving into price disparity

Price of so many identical items varies greatly between Canada and the United States

Are there legitimate reasons the price of so many identical items varies greatly between Canada and the United States?

If a laptop computer in Canada costs $200 more than its identical counterpart in the U.S., can retailers offer an explanation that will make sense to consumers?

More importantly, can retailers convince the federal government there is logic behind price disparities? They had better be able to as the Conservative government has taken steps to find out if the price gap equates to gouging.

This week, Industry Minister James Moore announced details of legislation that will give the Commissioner of Competition the power to convince companies to lower the price on items sold in Canada.

Many reasons have been cited for the often significant difference in the prices — taxes, the exchange rate and the wages paid in each country.

However, as the Conservatives noted in their 2014 budget, independent studies verified Canadians were paying between 10 and 25 per cent more than Americans for most products in 2011.

That fact remained after higher Canadian sales taxes and exchange-rate adjustments were calculated.

A few years ago, when the Canadian dollar reached par with the U.S. greenback (and even rose higher in value), booksellers announced a change in pricing.

Books that were historically much more expensive in Canada had their prices changed to match the cover price on the titles sold south of the border.

If the Conservative government finds that Canadians are paying more for a product that is cheaper in the U.S. simply because companies can get away with it, perhaps electronics and other goods will see similar price-tag changes.

It would be one more reason to continue to shop local — from coast to coast to coast.

~ Kamloops This Week


Just Posted

TNRD director accuses Tiny House Warriors of harassment

Blue River director Stephen Quinn said the actions of the pipeline protesters need to be addressed

Convicted animal abuser to return to B.C. court May 21

Catherine Jessica Adams is facing a breach of probation charge

Drinking water advisory issued for infants in Barriere

District of Barriere advises water from the municipal system should not be used as drinking water for certain at risk populations, specifically bottle-fed infants due to levels of manganese

Special Council Meeting held May 13 in Barriere regarding current water situation

A Special Council Meeting of the District of Barriere Municipal Council was… Continue reading

Smile – you’re on candid camera

Lower North Thompson 4-H Club member, Maddison Corrie of Louis Creek, encourages… Continue reading

Kelowna RCMP interrogation video brings home reality in ‘visceral way’: former TRC chairman

Video of Mountie interrogating young Indigenous woman disclosing sexual abuse under fire

Update: Mother dead, child in critical condition after carbon monoxide poisoning at Shuswap campground

The woman was found unresponsive insider her tent and the youth was taken via air ambulance to hospital

Canada’s parole officers say correctional system has reached breaking point

About half of Canada’s federal parole officers work inside penitentiaries and correctional institutions

Montreal researchers create audible hockey puck for visually impaired players

Three years ago, Gilles Ouellet came up with the idea for a puck that makes a continuous sound

Former B.C. Greyhound bus drivers head to Penticton for goodbye party

Big bash runs until Sunday, funded by drink cans left behind on busses over the years

Boy, 12, arrested after allegedly pulling a knife on another child at a Surrey park

The child was later released into his parents’ custody as Surrey RCMP continue their investigation

Full-scale search underway for missing kayaker on Okanagan Lake

Kelowna Paddle Centre member Zygmunt Janiewicz, 71, failed to return from his ‘daily kayak’ on the lake

ICBC urging drivers to slow down this May long weekend

Speed is number one cause of car crash fatalities: ICBC

Bucks hammer Raptors 125-103 to take 2-0 playoff series lead

Toronto heads home in a hole after second loss to Milwaukee

Most Read