A new study commissioned by the Retail Council of Canada says an increase in the duty-free allowance for cross-border shopping would lead to job losses and cut billions of dollars from the Canadian economy.
The study comes as U-S lawmakers push for Canada to increase the duty-free allowance from 20-dollars to 800-dollars as part of ongoing NAFTA talks.
The study says that would lead to a 12-billion-dollar hit to Canada's G-D-P by 2020 -- and upwards of 300-thousand job losses.