Finance Minister Jim Flaherty says he is frustrated that Canadians are paying too much for imported goods and has told business leaders the government expects them to pass along savings from the higher Canadian dollar.
The BMO report found magazines are between 10 and 23 per cent more costly in Canada than they should be. Other overpriced goods included foreign automobiles, cameras and books.
Have I not previously discussed exchange rates and books? I have!
Of course, it's not government's role to step in and scream at business about passing on these savings. But I certainly appreciate the sentiment.