Source:
The Canadian PressFinance Minister Jim Flaherty is prepared to look at reducing tariffs and to use "informal persuasive powers" if needed to bridge the Canada-U.S. price gap on consumer goods.
The finance minister told the opening of Senate committee hearings on the issue Wednesday night that he regards the exercise as more than just posturing.
"If the committee recommends that we change this tariff or that tariff, we'll look very closely at what's feasible," he told reporters after his brief testimony.
"We've reduced, eliminated a lot of tariffs, they are protectionist and we're believers in free trade," he added.
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http://www.cbc.ca/news/canada/story/2011/10/19/pol-flaherty-us-canada-gap.html