Feds lack plan for cross-border pricing

U.S. retailers like Forever XXI are now in Winnipeg's Polo Park Shopping Centre. (JASON...

U.S. retailers like Forever XXI are now in Winnipeg's Polo Park Shopping Centre. (JASON HALSTEAD/QMI Agency file photo)

Giuseppe Valiante, National Bureau

, Last Updated: 7:47 PM ET

OTTAWA - Politicians say Canadians are unfairly paying more than Americans for the same products but they don't seem to know what to do about it.

Finance Minister Jim Flaherty's 2014 budget states Canada "intends to introduce legislation" to prevent U.S. companies from increasing prices when they sell their products in Canada.

When pressed for details on what the government will actually do about price fluctuations, Flaherty had none.

He said his office will ask Canada's Competition Bureau to work how out how the government could address the issue.

The NDP and the Liberals agreed cross-border prices differences were bad but, neither had any suggestions on how to fix the problem.

NDP Opposition House Leader Nathan Cullen said "it seems there is a bias against Canadian consumers" with regards to the prices they pay for American products such as stereos and iPods.


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