Canadian Retailer - Holiday 2013 - 9

NEWS
DISCREPANCIES REMAIN BETWEEN CANADIAN AND U.S. PRICING

Despite efforts made by Retail
Council of Canada to narrow the
gap in pricing between products
in Canada and the United States, a
new report from the Bank of Montreal suggests that the difference
remains sizeable. This has led to an
increased number of trips south of
the border as consumers search for
lower prices.
Doug Porter, BMO chief economist, recognizes that the cost
differential of everything from
diapers to running shoes to cars
has come down, but that the price
gap remains "substantial".
The average spread in price, according to the bank, on products
between the two countries is currently about 10 per cent. This figure
is down from 14 per cent in 2012, but
still represents a chasmic gap.

Some of the price comparisons conducted by BMO include:
Example
Category

Price ($CAD)
Canada
U.S.

Huggies Swim Diapers
Baby Items

Sample
Size

Price
Gap (%)

$13.97

$10.31

15

35
34

$169.99

$134.45

5

26
19

$56.99

$51.70

4

10
14

$298.53

$248.23

3

20
13

$5.99

$5.16

3

16
10

Chevy Volt
Automobiles

$38,550

$36,195

4

7
6

Bose Soundlink Air Speaker
Electronics

$379.99

$361.99

4

5
3

Quickblade Carbon SUP Paddle
Sporting Goods

$429.00

$412.69

12

4
1

Apple iPad Mini
Tablets

$329.00

$340.28

3

-3
-2

Saucony Powergrid Triump
Running Shoes
Kidde Smoke and CO Detector
Hardware
All-Clad Stainless Steel Wok
Housewares
Martha Stewart Living
Magazines
Category Average

10

F/X Rate: $1 CAD = $0.9668 USD

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We know how important speed
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Canadian Retailer - Holiday 2013

Table of Contents for the Digital Edition of Canadian Retailer - Holiday 2013

PUBLISHER’S DESK
RETAIL CURRENTS
RETAIL: AT ISSUE
TECHNOLOGICAL ADVANCES THAT HAVE SHAPED RETAIL
MORE SLOW, MODEST GROWTH PREDICTED
CANADIAN RETAILERS INNOVATING TOWARD SUCCESS
17 TIPS FOR RECOVERING FROM THE POSTCHRISTMAS HANGOVER
DIFFERENTIATION AND SERVICE KEY TO INDIE SUCCESS
TECHNOLOGY AND RETAIL INNOVATION
ADVERTISER'S INDEX
RETAIL QUICK TIPS
Canadian Retailer - Holiday 2013 - Cover1
Canadian Retailer - Holiday 2013 - Cover2
Canadian Retailer - Holiday 2013 - 3
Canadian Retailer - Holiday 2013 - 4
Canadian Retailer - Holiday 2013 - 5
Canadian Retailer - Holiday 2013 - PUBLISHER’S DESK
Canadian Retailer - Holiday 2013 - 7
Canadian Retailer - Holiday 2013 - RETAIL CURRENTS
Canadian Retailer - Holiday 2013 - 9
Canadian Retailer - Holiday 2013 - 10
Canadian Retailer - Holiday 2013 - 11
Canadian Retailer - Holiday 2013 - RETAIL: AT ISSUE
Canadian Retailer - Holiday 2013 - 13
Canadian Retailer - Holiday 2013 - TECHNOLOGICAL ADVANCES THAT HAVE SHAPED RETAIL
Canadian Retailer - Holiday 2013 - 15
Canadian Retailer - Holiday 2013 - MORE SLOW, MODEST GROWTH PREDICTED
Canadian Retailer - Holiday 2013 - 17
Canadian Retailer - Holiday 2013 - 18
Canadian Retailer - Holiday 2013 - 19
Canadian Retailer - Holiday 2013 - CANADIAN RETAILERS INNOVATING TOWARD SUCCESS
Canadian Retailer - Holiday 2013 - 21
Canadian Retailer - Holiday 2013 - 22
Canadian Retailer - Holiday 2013 - 23
Canadian Retailer - Holiday 2013 - 24
Canadian Retailer - Holiday 2013 - 17 TIPS FOR RECOVERING FROM THE POSTCHRISTMAS HANGOVER
Canadian Retailer - Holiday 2013 - 26
Canadian Retailer - Holiday 2013 - 27
Canadian Retailer - Holiday 2013 - 28
Canadian Retailer - Holiday 2013 - 29
Canadian Retailer - Holiday 2013 - 30
Canadian Retailer - Holiday 2013 - DIFFERENTIATION AND SERVICE KEY TO INDIE SUCCESS
Canadian Retailer - Holiday 2013 - 32
Canadian Retailer - Holiday 2013 - 33
Canadian Retailer - Holiday 2013 - TECHNOLOGY AND RETAIL INNOVATION
Canadian Retailer - Holiday 2013 - 35
Canadian Retailer - Holiday 2013 - 36
Canadian Retailer - Holiday 2013 - 37
Canadian Retailer - Holiday 2013 - 38
Canadian Retailer - Holiday 2013 - 39
Canadian Retailer - Holiday 2013 - 40
Canadian Retailer - Holiday 2013 - 41
Canadian Retailer - Holiday 2013 - 42
Canadian Retailer - Holiday 2013 - 43
Canadian Retailer - Holiday 2013 - 44
Canadian Retailer - Holiday 2013 - ADVERTISER'S INDEX
Canadian Retailer - Holiday 2013 - RETAIL QUICK TIPS
Canadian Retailer - Holiday 2013 - Cover3
Canadian Retailer - Holiday 2013 - Cover4
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