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Sunday, December 1, 2013

About $20B Goes Across The Border In Consumer Shopping Annually

While you're looking for the best holiday deals, Canadian retailers are trying to offer you more options, in competition with the U.S.

Finona Story is the spokesperson for
She tells CHSJ News, there's been an increase in the number of Black Friday deals in Canada over the past 5 years.

She says when Black Friday deals started Canada in 2007, there were only about two deals. Last year, there were about 200 deals and 150 participating retailers.

She adds there have been fringe movements to help push for shopping closer to home, even if that means missing out on some better deals across the boarder. 

"The more recent studies,which came out in 2012, estimated that roughly 20 billion dollars goes across the border each year in consumer shopping," says Story.