Sure. I think it's a good point. The $50 exemption hadn't been raised since 1995, so it was certainly out of date from that perspective. The way the law was written previously, there was a $50 exemption after a 24-hour absence. If you spent over $50 you had to pay duty and taxes on the full amount. The $50 wasn't exempted, so it was very inefficient.
By increasing this amount, as you said, we will not be collecting small amounts of money at the border, which will allow the border traffic to flow more fluidly.