While discussions around changes to the North American Free Trade Agreement are in their early stages, Canadian businesses are becoming more vocal around a potential change to the minimum level by which goods are taxed when they enter the country, either through e-commerce or cross-border shopping.
The Sarnia Lambton Chamber of Commerce is among the organizations concerned.
The issue—which is referred to as the De Minimis Threshold—is potentially under pressure as American retailers in particular want to make it easier to do business across our border. The problem for Canadian retailers is that it puts them at an unfair advantage, which is something that no one in Canada wants.
A more complete explanation of the issue can be found HERE, outlining the position of Chambers in Sarnia-Lambton, Greater Niagara, and Windsor-Essex.
An article in the Windsor Star, which can be seen HERE, points to a “real world” example of the impact a change to the De Minimis rate could have on the local economy.