Don't be shocked. I've been in the retail business for 30 years, and I can promise you that as a wholesaler, manufacturer, and a retailer, that's what it is. If you look at most things on the website, it talks about 100% markup, and in fact says that without a keystone markup, most Canadian North American retailers can't stay in business.
What I was going to talk about is that markup because I know for a fact, as an importer from Hong Kong and Taiwan—I would like to take, for instance, the lapel pins, as an example. I know that for the most part for manufacturers at the time that I was doing this, it would cost them about 6¢ or 8¢ for a pin. They would turn that over to an importer, who would make a few points on each one, and they would usually have a cost of about 10%, sell the pin for 15¢. The wholesaler would then take that, and I was a wholesaler at the time, and it would cost them about 15¢, as I say. They would then in turn resell that to a retailer for 30¢ to 60¢, and the retailer would sell it for $1.20. That's consistent with what took place back in the seventies and eighties, and I can promise you that I have a lot of records to prove it, and very much competition.
The reason we stopped buying from Canada was that Canadian manufacturers were not competitive. Now I find out through this budget that there has been a tax advantage for foreign manufacturers such as those in China. Frankly, I don't think it's been fair, and now I understand why Canadian manufacturers were put out of business during that period of time. I think it's fair to say that you would agree with that.