Today is the first day of new duty-free limits on Canadians shopping in the U.S. and Canadian retailers will face more pressure to compete with U.S. stores. The rules for shopper duty-free in the U.S. changed June 1. (CP) Under changes introduced in the 2012 federal budget, the duty-freelimit on visits of more than 24 hours quadruples, rising from $50to $200, effective June 1. As well, any visit longer than 48 hours allows Canadians to returnwith duty-free goods worth up to $800. That's an increase from theprevious rules of $400 for up to a week, and $750 for longer than aweek. The new limits, combined with a Canadian dollar hovering around parwith the U.S. dollar and lower prices in the U.S. , will likely mean more cross boarder shopping. The comments on our story suggest that many CBC News Communitymembers will be heading south to spend some cash. "For a 10-minute drive to the States I can fill my tank for 94cents per litre, buy poultry and dairy products for less than half.Sales tax at 6%. It's a no brainer where I do my shopping!" saidsarnia1. "Compared to N.B., N.S. or P.E.I. prices, a hotel room in Bangor,Maine, is half price. A tank of gas in Bangor is 30% off, a goodmeal is half price, a case of beer or a bottle of wine is less thanhalf price. Where would you go for a little holiday?" saidAComment. But is money the only reason Canadians shop south of the border ? There are stores and brands in the U.S. that just don't exist inCanada, which could be part of the allure of cross border shopping. Customer service could also be a factor. "Canadian retailers better shape up because they are on a losingpath if they don't. Selection, value, service is not great in manystores, here. Especially, department stores," said yarrum215. "I think that service is probably the main reason people crossborder and internet shop. It is virtually impossible to get anyservice in Canadian retail establishments," said barry1942. Other than money, what's the more important reason you shop in theU.S., if you do? Let us know in the comments below. Other than money, why do you cross-border shop? (This survey is not scientific. Results are based on readers'responses.) Related: How often do you go cross-border shopping?. We are high quality suppliers, our products such as Forged Steel Valves Manufacturer , Stainless Steel Forgings for oversee buyer. To know more, please visits Special Steel Forgings.
Related Articles -
Forged Steel Valves Manufacturer, Stainless Steel Forgings,
|