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Canadian Retail Property Could Be Hurt By New North American Trade Accord

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American online retailers could get a boost thanks to a provision in a new North American trade agreement that will raise the minimum threshold for cross-border purchases subject to duties to $150 from $20. Boston-based Wayfair operates a 770,000-square-foot-facility in Mississauga, Ontario. Canadian retailers will probably face increased competition for online sales because of a change in a United States-Mexico-Canada trade agreement that will...

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