eBay Calls for Trade Changes

eBay logoA new report by online retailer eBay is calling for the federal government to remove barriers to the free flow of goods across the country’s borders.

The Commerce 3.0 – Canada report suggests the Canadian government can help drive export activity among small businesses by raising the import duty exemption threshold from C$20 to C$200. Additional report highlights include:

  • 99.5% of tech-enabled Canadian businesses export as compared to only 10.4% of traditional brick-and-mortar businesses
  • 57% of traditional Canadian exporters trade only with the U.S. which the companies in this study trade with an average of 19 countries
  • 14% increase in cross-border sales from 2008-2013 for technology-enabled Canadian businesses
  • 26% of SME’s engaged in international trade significantly outperform their market versus only 13% of SME’s who are solely focused on domestic selling

In addition to import duty exemption threshold recommendations, the report makes additional policy recommendations aimed at simplifying customs processes for small, technology-enabled businesses.

Full report: Commerce 3.0: How Technology is Empowering Canadian Entrepreneurs to Grow Globally