Home / Knowledge / News / Apparel/Garments / Canadian govt eliminates tariffs on baby clothes
Canadian govt eliminates tariffs on baby clothes
23
Mar '13
The Government of Canada has removed tariffs on imports of baby clothes in its bid to reduce the up to 40 percent difference in Canadian and the US retail prices.
 
The move, announced as a part of the 2013 Federal Budget, also eliminates import tariffs on most sports equipment.
 
The Budget expects that wholesalers, distributors and retailers to pass on the savings in import tariffs to end-consumers. 
 
The Government, in consultation with various consumer forums and the Retail Council of Canada, will keep a watch on the impact of the tariff cuts on Canadian retail prices.
 
Finance Minister Jim Flaherty called the removal of duties on baby clothes as a test case to see whether it results in a reduction in price gap between the US and Canadian retail prices.
 
The removal of tariffs on baby clothes applies to babies’ garments made from cotton, synthetic fibres, wool, other textile materials, as well as fine animal hair, and would be enforced from April 1, 2013.
 
The Government’s announcement follows a Senate report that sought to answer why the prices in Canada are up to 40 percent more for some consumer goods compared to what their neighbours pay across the southern border.
 
The abolition of tariffs on baby clothes and sports equipment will together cost Ca$ 76 million a year to the Government.
 
However, the Budget also increased the duties on imported goods from over 70 countries, including China and India, which is expected to cost Ca$ 330 million extra per annum in terms of retail price to Canadian consumers.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

Benetton seeks approval for FDI in single-brand retail

Global fashion brand Benetton Group, has sought Indian government's...

Apparel/Garments | On 26th May 2017

Walmart to conduct GST workshops for SME suppliers

With the objective of supporting its small and medium-sized (SME)...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search