In Canada, our anti-trust regulator is completely feckless and captured by industry.
In Canada, our anti-trust regulator is completely feckless and captured by industry.
https://www.canadaland.com/podcast/monopoly-7-canadas-compet...
Thanks for sharing!
For non-Canadians, this is by design, our government carved out NAFTA-exempt industries (Grocers, Dairy, Telecom, and Banking) during NAFTA negotiations, subsequently creating protected industries from which we now have oligopolies.
TransCanada is doing that against the US Gov for cancelling a pipeline project. The company will probably lose, but so much $ is at stake, so it makes sense to try.
https://www.canada.ca/en/immigration-refugees-citizenship/co...
Grocery itself has more competition than the rest (thank you Walmart), which is why you gotta be careful when making US shopping trips. I've found rice, oils, canned beans/tomatoes, carrots, bananas, potatoes, onions all cheaper in Canada.
And every year, I get more and more non-perishable grocery stuff from Amazon.ca
Fun fact: Canadians can import non-prescription meds by mail, officially up to 90d supply (so I address it to "Family Scoundreller"), so I cruise ebay for a lot of that stuff.
I am jealous of Americans and their 10,000IU Vitamin D pills. Canada limits the same to 1,000IU per pill. Would this be allowed to cross the border or no?
Looking up the prescription regulations, only >2500 IU requires a prescription, so if you can find 2500s to import, that's over-the-counter and can be lawfully imported for 90d personal use. https://www.napra.ca/national-drug-schedules/?_nds_drug_name...
If you try to have 10000s mailed from USA by USPS, there's a very rare chance that it could be reviewed by Health Canada and they would deem it prescription-only and seize it, or they could "use their discretion" and still let it through anyway because seizing is a lot more paperwork.
Don't bother with UPS or Fedex shipping into Canada. Ever.
Note: if you're in Canada on a work/study permit, there are some exemptions allowing you to import non-narcotic prescription medications.
Are you referring to brokerage fees? UPS does not charge brokerage fees if air shipping is used; basically, anything other than Standard qualifies.
This link also only looks at gross margin - if revenues and gross profit increase, their fixed operating costs (rent for example is usually fixed for 10-20 years for grocers, or the site is owned by the grocer) are now spread over higher sales so their operating profit (EBIT or EBITDA) can increased dramatically.
Sure, but why would anyone call such a situation profiteering?
Furthermore it seems unlikely that the amount of food canadians have eaten has changed significantly over the last few years. Its not like the population increased significantly.
We don’t have Bernie Sanders or AOC equivalents.