CALGARY - A new study commissioned by the Retail Council of Canada says an increase in the duty-free allowance for cross-border shopping would lead to hundreds of thousands of job losses and cut billions of dollars from the Canadian economy. The PwC study comes as U.S. lawmakers push for Canada to increase the duty-free allowance from $20 to $800 as part of ongoing NAFTA talks. The study says that the net economic impact of raising the allowance ...
01-20-2018, 08:40 PM
Rise in duty-free allowance could cost hundreds of thousands of jobs
CALGARY - A new study commissioned by the Retail Council of Canada says an increase in the duty-free allowance for cross-border shopping would lead to hundreds of thousands of job losses and cut billions of dollars from the Canadian economy. The PwC study comes as U.S. lawmakers push for Canada to increase the duty-free allowance from $20 to $800 as part of ongoing NAFTA talks. The study says that the net economic impact of raising the allowance ...
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