National Finance – April 3, 2012

In Committee from the Senate of Canada

National Finance – April 3, 2012

Appearance: Tony Hernandez

Committee members begin a study of the reasons for price discrepancies between goods sold in Canada and the United States.

Tony Hernandez, the director of the Centre for the Study of Commercial Activity at Ryerson University, appears before the committee, discussing the centre’s studies of retail structures in Canada and the effects of the high Canadian dollar and cross-border shopping on retail prices. He then responds to questions from committee members Joseph A. Day (the chair of the committee), Bob Runciman (Conservative), Pierrette Ringuette (Liberal), Elizabeth Marshall (Conservative), Céline Hervieux-Payette (Liberal), JoAnne L. Buth (Conservative), and Catherine S. Callbeck (Liberal).