For the Canadian market, this may well be true. And the Wera's are indeed top-notch, and leave little to be desired - although I must say I don't really like this particular handle design, as it forces your hand in a certain position - just not my cup of tea.
On our side of the pond, there's PB Swiss Tools, formerly PB Baumann. As unbelievable as it seems, they're even better!
I must admit it's not a huge difference, and the price is even steeper than Wera's. But they're worth it.
I just looked those up. There are very nice indeed! It seems they do have a distributor in the USA. I'm surprised I haven't run into them at any of the trade shows we attend.