CTV News Channel
According to a report released today by Toronto’s C.D. Howe Institute, closing the gap between American and Canadian retail prices will come from changes in national policy rather than putting pressure on retailers.
The Bank of Canada is weighing in on the problem of the Canada-U.S. retail price gap, suggesting the vexing phenomenon may not be as persistent, inevitable or irrational as it may seem.
The Senate finance committee has made four recommendations aimed at reducing the Canada-U.S. price gap, in a report released Wednesday after months of investigation.