CFI, Director of Resource Protection,
West 49 Inc. On –
Loss prevention will need to be aware of our Security Licensing requirements,
which are currently issued at a Provincial level. This legislation is not just
for security guards, it is applicable to retail investigators as well. Until we
see a change in how licenses are issued, the Provincial level licensing means
that if you are an LP Manager conducting interviews within multiple Provinces,
you are required to hold a security license for each Province.
Finance Minister even said they're prepared to use "informal persuasive powers"
and put pressure on the retailers and manufacturers directly to lower prices.
But their Director in the Economic and Fiscal Policy Branch said "in general the
tariff rates are actually quite low," and "Ninety percent of goods enter the
country duty free. In 2010, $360 billion of $400 billion in total imports came
into the country duty free." The issue of pricing for a domestic market is
complex and can involve manufacturers "exercising market power" by
discriminating up or down in pricing in rich markets, or to maintain a market
share," officials added. They're having hearings on the matter which are
expected to last for weeks and this problem is upsetting the Canadian consumer.
The U.S. retailers better be careful with their pricing models or they're going
to face both political – press – and public criticism. (Source
With all the press and pressure about retail prices
being 20% higher in Canada, their government is looking to decrease tariffs and
"encourage good behavior through the tax system" on the Canadian retailers and
Lowe's stops its Canadian military 10% discount rolled out
in 2008 and says it was only intended for U.S. military
which didn't go over
well with the Canadian armed forces. The company said the program was never
intended for Canada and just recently realized its error. "I'm not able to get
into the specifics of our [Lowe's] systems and processes, but it [the discount]
was a combination of misunderstanding and miscommunication that unfortunately
went undetected until now," Joanne Elson, corporate communications manager with
Lowe's Canada, said Wednesday.
U.S. consumer/now Toronto resident says "the real kicker
for me is the lack of e-commerce" in Canada.
I lived in Washington, DC, I could make up for the lost time by handling most of
my errands online. Why can't I do that here? Why haven't high-end Canadian
retailers, such as Holt Rentfrew, The Room at the Bay, and David's Shoes
followed the U.S.'s Saks, Neimans, Barneys, and Bergdorfs into cyberspace? Why
haven't mid-range retailers such as TNT and Nyla joined J. Crew and Intermix on
the web? I constantly agonize not only about the inefficiency, slowness and
waste of productive time, but about the mystery of it all. Why aren't Canadian
retailers trying to maximize their revenues? Why are they satisfied with just
good enough? Don't they want to be better, faster, and richer? When I asked
Roger Martin, the Dean of the Rotman School of Management at the University of
Toronto, why Canada is so limited on e-commerce, he matter of factly replied,
"There is a bit of a chicken and egg problem. Canadian businesses that are
exposed to vigorous competition are highly innovative and make competition even
more intense. However, Canadian businesses that aren't exposed to intense
competition can be pretty darn complacent. Don Tapscott, a Canadian who is
arguably the world's leading thinker in the digital age, says with frustration,
"American companies like J. Crew know how backward Canada is, and they can get
away with charging huge premiums to Canadian customers. If you don't have a U.S.
relative and mailing address, you're going to pay a third more for many
things." The Canadian Push is going to change this channel soon enough.
Coming in 2012:
LP Show Coverage
The Top 10