Had to chime in on this interesting topic. Two things to consider when buying locally, 1) the cost of obtaining product. It's a very well known fact that the cost price of goods for our retailers is generally 10-20% give or take. 2) the cost of running a retail store is more expensive. Although a fair comparison would be to canadian e-tailers which are inline with traditional retailers.
US based retailers are not a fair barometer of what pricing should be in Canada because of the cost, duties, and taxes our domestic retailers pay are fare different from the south. I think all shops in the gta make the same margin on their products as they do down south of the border.
If this trends continues where we continue not to shop locally two things will occur. We will have a number of shops closing down, our choices become very limited and we will probably allow a couple of the largest shops in the area have a complete monopoly. At which point we will be discussing on here the gold old days and shops of the past we wish were still around.
Pouk
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