
Duty-free shop on Canada-U.S. border in receivership as traffic plummets
Becky Robertson
created: April 29, 2025, 8:13 p.m. | updated: April 30, 2025, 4:18 p.m.
A trip across the Canada-U.S. border isn't quite complete without at least a cursory browse through the nearest duty-free shop to see what staples (or, more likely, needless items) you can stock up on, tax-free.
The sharp decline at ports of entry is taking a toll on the tourism sector, of course, but also on other industries, like duty-free retail.
The tax-free store at the Peace Bridge border crossing in Fort Erie, Ontario, has been the first, but likely won't be the last, to become financially untenable in this climate.
This is despite it being situated at the second-busiest U.S.-Canada crossing and being run by Peace Bridge Duty Free Inc. for over 30 years.
A receiver will now take over the business's finances to ensure lenders and stakeholders are paid, which will likely result in liquidation, and could include the business's closure and/or sale in full to another entity.
1 month, 1 week ago: blogTO