Canadian Consumers first
Congratulations to Minister James Moore for his announcement this morning. Today, the Minister of Industry announced a new law that will ensure that Canadians do not have to pay higher prices than Americans simply because of where they live. The Price Transparency Act will help end the geographic price discrimination, which is one of the main factors contributing to the price gap between Canada and the United States.
To learn more about the Minister's announcement this morning, please follow this link: http://news.gc.ca/web/article-en.do?nid=913079&_ga=1.141211703.44317937.1418073137
The report of the Standing Senate Committee on National Finance entitled The Canada-USA Price Gap, tabled in February 2013, concluded on the importance of better information on prices. The report stressed the importance of information on the retail price as a way to decrease the price gap between Canada and the United States.
To read the report of the Standing Senate Committee on National Finance, please follow this link: http://www.parl.gc.ca/Content/SEN/Committee/411/NFFN/rep/rep16feb13-e.pdf