Quote:
Originally Posted by Eagle Eye
So if I bring goods worth less than $400 dollars (excluding liquor and tabacco) I do not have to pay duties or GST? and if I bring goods worth more than $400 I only have to pay GST (if it is manufactured in the US or Mexico)?
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So, if you bring back $500, and at least $100 of it was manufactured within NAFTA, you will owe $6 for GST, ad possibly $3-5 for duty.
Which means that $1400 TV- if it was assembled in Mexico you will have to pay $60 to bring it back across.
Quote:
Originally Posted by albertGQ
To find out how much Cdn$ it takes to buy one US$, you just take the reciprical of the figure you see on TV that is commonly reported
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Yeah, or you could just take 1 and divide it by whatever number they give.