CDN $$ almost exactly par

[Delphinus]

It did hit par this morning. This afternoon when I checked it had dropped to 0.9984. I wonder if it goes above tomorrow.

One thing though, I checked a bunch of things I want to buy at some U.S. vendors, and Wendell STILL has them price beat. I'll still be buying the stuff from Ocean Aquatics. Wendell da man!!!

[fishmaster]

Originally Posted by Delphinus

It did hit par this morning. This afternoon when I checked it had dropped to 0.9984. I wonder if it goes above tomorrow.

One thing though, I checked a bunch of things I want to buy at some U.S. vendors, and Wendell STILL has them price beat. I'll still be buying the stuff from Ocean Aquatics. Wendell da man!!!

Your Right, I guess it's industry specific. With the competative market out there right now...the bigger saltwater dealers don't seem to be much higher. The few times I've looked at bigger ticket items across the line...I was better off buying from Vancouver. Some items though(not aquarium related) are still selling at retails based on a US dollar from a few years ago...

[Delphinus]

Oh yes. Very true. I had to buy my Thule bike carrier off ebay. The Canadian retail price of the unit was (and still is) $600, whereas the US list price is $300. Then you have your ebay retailers who sell for even less because of no overhead. I paid $270 plus $60 shipping, taxes etc. to my door. Thule refuses to adjust their Canadian prices, the difference is quite obscene. I'm not sure why they think it's in their better interest to punish Canadians like that. At any rate, their Canadian retailers/distributors lost out on a sale because of that practise.

[fishmaster]

Originally Posted by Delphinus

Oh yes. Very true. I had to buy my Thule bike carrier off ebay. The Canadian retail price of the unit was (and still is) $600, whereas the US list price is $300. Then you have your ebay retailers who sell for even less because of no overhead. I paid $270 plus $60 shipping, taxes etc. to my door. Thule refuses to adjust their Canadian prices, the difference is quite obscene. I'm not sure why they think it's in their better interest to punish Canadians like that. At any rate, their Canadian retailers/distributors lost out on a sale because of that practise.

I find that with soo many products. The thing is, with the dollar changing so much so fast, a distributor has to sell way more to see any growth.(I'm a sales rep for a mid sized ditributor) For example: say on averege the dealer cost of US imported products(like 90% of what we sell) goes down 10%, I have so sell that much more just to be on par with last year. It's like you worked that much harder for nothing! We set our prices based on our landed cost, so we have to live with it. I don't agree with it, but I can understand why some distributors/retailers are trying to keep their prices up. But, there's a very big difference between keeping the prices up & ripping people off!!!!!

[Cameron]

Im selling USD GIC's hand over hand right now....I 90 USD GIC at 4.59%...saweet. And I'm loading up on USd stocks right now to!

[digital-audiophile]

Initially parity will be rough on some aspects of CDN business but as things level out and the dollars stay close to equal it will get better. It will take a couple years though.

One comment on tourism. Even when the CDN $ was at 65 cents Canadians still went to the States and travelled abroad, the Yanks just have to swallow their pride and get over themselves.

[Pan]

Forceasters are betting on our dollar being 1.05 within 4 or 5 months...some things are nicley cheaper on the Fishy sites in the US...A lot are not. same as always. I kinda shop wherever, I support local when my pocketbook allows, but it dictates when that is