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Old 09-07-2011, 03:12 PM
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I worked in retail all my career and was a senior exec for some time before I retired. I can tell you any arguments about why prices should be higher in Canada are all bogus, and just excuses to make more margin and higher profits. I remember well when it was the other way around, when our loonie was down. We really had to squeeze as retailers, and our prices then did not account for the full difference in the lower CAD. Now it is the opposite, and they are just taking profit. The reason more US retailers are moving into Canada, is that we don't adapt fast enough, and don't think far enough ahead. Can't keep putting short term profits ahead of growth.

Even our politicians are taking note.
http://www.theglobeandmail.com/repor...rticle2156276/
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