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TheStreet Open House

Retailers Score Senate Committee Report On Price Differential An A

RCC appreciates that the Senate addressed a continued need to harmonize regulations with the U.S. RCC is also very pleased that the Senate Committee specifically addressed the needs of Canadian booksellers, by recommending that the Minister of Canadian

Heritage consider reducing the 10 per cent mark-up that distributors can add to the U.S. list price of American books imported into Canada.

"We are happy with the progress made by the Senate Committee in addressing changes needed to help retailers and consumers," said Brisebois. "The government must now act in its upcoming budget to implement many of the recommendations of this report and be a part of the solution. Retailers continue to do their job in delivering value to consumers. It is now time for our government to assist in leveling the playing field for our businesses in Canada."

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Retail Council of Canada ( www.retailcouncil.org) is the Voice of Retail. Founded in 1963, RCC is a not-for-profit association which represents more than 45,000 stores of all retail formats, including department, grocery, independent merchants, regional and national specialty chains, and online merchants.

SOURCE Retail Council of Canada

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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