do shoppers factor in the following the cost of hotel, time, gas. For me being only 7 hours from Bangor I would require 2 tanks of gas ($90) and another $60 for hotel and then food. So thats a lot of big saving items I require just to recoupe the of 90+60+food. I know the legal delared amount by law for 24 and 48 would not work in my case. My job every few months keeps me in the US for periods of 10 days or more so the US savings end up working for me.
How much can I bring back with me?
The longer your trip, the more you can bring back. If you are going for a week or more, your exemption is $750 Cdn. You can bring back 1.5 litres of wine or 1.14 litres of liquor or 1.14 litres of wine and liquor, or 24 cans or bottles of beer. You may also bring back 200 cigarettes, 50 cigars or cigarillos, 200 grams of manufactured tobacco and 200 tobacco sticks. You can include tobacco and alcoholic beverages for a partial exemption and you can ship some of your items home before you cross the border. Be aware though the day you left for your trip is not counted as part of the week's seven-day calculation.
If you are away for more than 48 hours, you can bring back $400 worth of goods, 1.5 litres of wine or 1.14 litres of liquor or 1.14 litres of wine and liquor, or 24 cans or bottles of beer. You may also bring back 200 cigarettes, 50 cigars or cigarillos, 200 grams of manufactured tobacco and 200 tobacco sticks.
If you are going for more than 24 hours but less than 48 hours, you can bring back $50 Cdn worth of goods without paying duties. You must have the goods with you when you cross the border and you can't include tobacco or alcohol in the exemption.
What penalties will I face if I don't declare all of my purchases?
If you are caught lying, your purchases may be confiscated and you may have to pay a fine ranging from 25 to 80 per cent to get the goods back
I have always been a cross border shopper. Strange but true the exact shoes bought last week in the US were $80 and $210 here.