C$-US$ parity puts squeeze on Canadian retailers

Newswire

By Allan Dowd VANCOUVER, British Columbia, Sept 27 (Reuters) - Parity between the U.S. and Canadian dollars has American retailers eyeing cross-border business and Canadian consumers demanding better deals at home -- and going to court to get them. The two dollars hit par last week for the first time since 1976, and Canadian radio stations soon talked of long waits at the border as shoppers sought U.S. bargains. "It was tremendous," said Patti Crooks, general manager of the Aroostook ...

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