Chamber encouraged by federal government's pledge to take action on the Canada-US price gap
For Immediate Release
[17 October 2013]
(FREDERICTON, NB) – The Fredericton Chamber of Commerce supports the federal government's commitment to "take further action to end geographic price discrimination against Canadians," as stated in the 2013 Speech from the Throne as delivered by Governor General David Johnston on 16 October 2013.
As a community affected by cross-border shopping, the Canada-US price gap is an issue of importance to many Fredericton chamber members – most acutely in the retail sector, but in others as well. The chamber has been working with the Retail Council of Canada on this issue over multiple years and in September 2013, a policy resolution submitted by the Fredericton chamber to the Canadian Chamber of Commerce's annual general meeting was unanimously approved by over 300 delegates representing every province in Canada, demonstrating its national importance. This placed the issue officially on the Canadian chamber's advocacy mandate.
"Now that the federal government has publically stated that '[Canadians]... should not be charged more in Canada for identical goods that sell for less in the United States,' we have to take this opportunity to work with Canadian chamber to hold them accountable to this commitment," stated Chris Johnston, president of the Fredericton chamber. "Particularly with a growing debt and deficit in New Brunswick, it is important that we as a business community take every opportunity to keep as much income earned in this province within its borders."
"The price difference for many goods between Canada and the United States is a complex issue with many factors – closing the gap will take time and a prolonged effort by government, the business community and consumers," added Krista Ross, CEO of the Fredericton chamber. "With a brief mention in the longest throne speech in Canadian history, we don't want to see this issue lose its traction with the federal government. Without any details provided in the speech on how they plan to implement this initiative, we are keen to learn what specific steps are going to be taken over the short- and medium-terms to bridge the gap for the benefit of business and consumers."
With more than 900 members, the Fredericton Chamber of Commerce is one of Atlantic Canada's largest chambers of commerce. A dynamic business organization, the Fredericton Chamber of Commerce is actively engaged in policy development that affects the competitiveness of our members and of the Canadian business environment.
Chamber Encourages federal government's pledge to take action on the Canada-US price gap