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Colin

RCC Applauds Canadian Council of Chief Executives’ Study on Suggested Tariff Elimination

May 12, 2014

Retail Council of Canada (RCC) welcomes the findings contained in the Canadian Council of Chief Executives’ study “Should Canada Unilaterally Adopt Global Free Trade”.

“The Council’s findings echo what retailers in Canada have been suggesting for years,” said Diane J. Brisebois, President and CEO of Retail Council of Canada.  “The elimination of tariffs would mean better prices for consumers.”

“Tariffs play a considerable role in driving up the Canada-US price gap and they contribute to an uneven playing field for retailers who are trying to compete with cross border shopping,” continued Brisebois.

By way of background, Brisebois referenced the Senate Standing Committee on National Finance’s report: “The Canada-US Price Gap” and its recommendations which includes the elimination of tariffs. Following its release, the government announced tariff cuts on some sporting equipment and baby clothes in the 2013 Federal Budget on a trial basis. “As a result of these reductions, Canadian families saved on average $50 per child to equip them for the season,” said Brisebois.

This policy has a measurable impact on Canadians. “We will be calling on the government to continue to cut tariffs so that we can grow our economy, increase our competitiveness and provide our Canadian consumers with the best possible price. It’s a good public policy and its results are proven,” concluded Brisebois.

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For more information contact:
Colin Asuncion
Retail Council of Canada
416 467 3782
casuncion@retailcouncil.org


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