|
Re: What's wrong with Canada?
Originally Posted by Mr Lee
(Post 7394862)
Exactly. So much for "Fair Trade"...
It doesn't matter which political party is in power, it's still the same Federal employees who have to implement policy. |
Re: What's wrong with Canada?
Originally Posted by CaptainHook
(Post 7394873)
Exactly, but it's not the fault of the US in this case, is it? It's the Canadian government collecting the taxes we would have paid if we'd bought the item in Canada.
It doesn't matter which political party is in power, it's still the same Federal employees who have to implement policy. |
Re: What's wrong with Canada?
Originally Posted by CaptainHook
(Post 7394873)
Exactly, but it's not the fault of the US in this case, is it? It's the Canadian government collecting the taxes we would have paid if we'd bought the item in Canada.
It doesn't matter which political party is in power, it's still the same Federal employees who have to implement policy. |
Re: What's wrong with Canada?
NAFTA applies to goods manufactured in Canada, USA and Mexico. There are no customs charges and duties on these items. However, you may have to pay a fee to a freight company to process the cross border transaction.
Anything manufactured outside the NAFTA countries may have customs duty applied when you import it into Canada. If you buy a Chinese made TV in Future Shop for $1,000, the price includes the duty when it was imported into Canada. Say $500 (import price) @ 5% = $25.00 If you go to the US and buy the same TV for $650 that price includes the duty when it was imported into the US. Say $450 (import price) @ 5% = $22.50. Unfortunately, because it was not manufactured in a NAFTA country you have to pay duty again when you import it into Canada. The duty is now based on the price you paid so you will pay something like USD650 * 1.27 = CAD825.50 @ 5% = $41.28. You will also pay GST and, depending on your province, PST. Also, depending on your province you may have also paid the US state sales tax. |
Re: What's wrong with Canada?
Originally Posted by JonboyE
(Post 7394927)
NAFTA applies to goods manufactured in Canada, USA and Mexico. There are no customs charges and duties on these items. However, you may have to pay a fee to a freight company to process the cross border transaction.
Anything manufactured outside the NAFTA countries may have customs duty applied when you import it into Canada. If you buy a Chinese made TV in Future Shop for $1,000, the price includes the duty when it was imported into Canada. Say $500 (import price) @ 5% = $25.00 If you go to the US and buy the same TV for $650 that price includes the duty when it was imported into the US. Say $450 (import price) @ 5% = $22.50. Unfortunately, because it was not manufactured in a NAFTA country you have to pay duty again when you import it into Canada. The duty is now based on the price you paid so you will pay something like USD650 * 1.27 = CAD825.50 @ 5% = $41.28. You will also pay GST and, depending on your province, PST. Also, depending on your province you may have also paid the US state sales tax. |
Re: What's wrong with Canada?
Originally Posted by JonboyE
(Post 7394927)
NAFTA applies to goods manufactured in Canada, USA and Mexico. There are no customs charges and duties on these items. However, you may have to pay a fee to a freight company to process the cross border transaction.
Anything manufactured outside the NAFTA countries may have customs duty applied when you import it into Canada. If you buy a Chinese made TV in Future Shop for $1,000, the price includes the duty when it was imported into Canada. Say $500 (import price) @ 5% = $25.00 If you go to the US and buy the same TV for $650 that price includes the duty when it was imported into the US. Say $450 (import price) @ 5% = $22.50. Unfortunately, because it was not manufactured in a NAFTA country you have to pay duty again when you import it into Canada. The duty is now based on the price you paid so you will pay something like USD650 * 1.27 = CAD825.50 @ 5% = $41.28. You will also pay GST and, depending on your province, PST. Also, depending on your province you may have also paid the US state sales tax. |
Re: What's wrong with Canada?
Consumer goods are priced to maximize the sellers profit objectives. Costs, including taxes, have little influence on the selling price.
Edited to add: The thought process is not "this costs x to make, lets try to sell it at x + 20%". Rather it is "the punters will pay y for this if we market it this way. Can we make it for y less 30% or better? Yes! Go for it". |
Re: What's wrong with Canada?
Originally Posted by JonboyE
(Post 7395174)
Consumer goods are priced to maximize the sellers profit objectives. Costs, including taxes, have little influence on the selling price.
|
Re: What's wrong with Canada?
If we'll pay it, they'll sell it to us at that price. If we won't, the price will either come down or the company will go bust, in theory.
|
Re: What's wrong with Canada?
Originally Posted by CaptainHook
(Post 7395206)
If we'll pay it, they'll sell it to us at that price. If we won't, the price will either come down or the company will go bust, in theory.
|
Re: What's wrong with Canada?
Originally Posted by FlirtyKnickers
(Post 7395210)
So....Are we buying or selling?:rofl:
|
Re: What's wrong with Canada?
Originally Posted by act1980
(Post 7395219)
I won't be buying at their prices:p:rofl:
|
Re: What's wrong with Canada?
Originally Posted by FlirtyKnickers
(Post 7395239)
Oh i see.....What were we buying again? I'm having a senior moment:rofl::rofl:
|
Re: What's wrong with Canada?
Originally Posted by act1980
(Post 7395269)
Makeup!! Revlon to be specific :rofl::rofl:
she uses polyfilla |
Re: What's wrong with Canada?
Originally Posted by FlirtyKnickers
(Post 7395210)
So....Are we buying or selling?:rofl:
|
| All times are GMT -12. The time now is 10:37 pm. |
Powered by vBulletin: ©2000 - 2026, Jelsoft Enterprises Ltd.
Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.