U.S.$

ree-fready · #1 10-18-2004, 03:54 AM

Everyone has seen how our loonie has gone up in value against the U.S. buck, has anyone noticed a drop in prices for livestock or hardware for this hobby? It wasn`t that long ago and we were paying 1.60 for a yank buck, now were`re down to 1.27 area. Should this not translate into lower prices on things that we buy?

kris_willard · #2 10-18-2004, 03:58 AM

Translates to higer profit for the LFS.

Bryan · #3 10-18-2004, 07:15 AM

I have been wondering that lately as well.

LostMind · #4 10-18-2004, 03:48 PM

The low US$ means lower profit for my company. We buy in Cad and sell in US. Blech. I miss the 1.6 days :|

AndyL · #5 10-18-2004, 04:11 PM

It does make sense when you really think about it... Since the US dollar has been on the decline (canadian dollar isn't really that much stronger, the US dollar has just weakened in relation to the cdn$, euro etc) prices of oil etc have gone way up.

Which translates to higher shipping costs, and post 9/11 higher fees for customs and airport improvement taxes etc.

So yeah, those products do cost a bit less, but comparatively the price has remained the same due to increases in other costs...

Andy

trilinearmipmap · #6 10-18-2004, 04:21 PM

There should be a lag time before the increased value of our currency shows up in retail prices for stuff imported from the U.S.

Meantime it makes it much more attractive to order stuff direct from the U.S.

muck · #7 10-18-2004, 04:26 PM

Quote:

Originally Posted by trilinearmipmap

Meantime it makes it much more attractive to order stuff direct from the U.S.

Thats what I was thinking...

ree-fready · #8 10-18-2004, 10:40 PM

Dito

Samw · #9 10-21-2004, 10:03 PM

Quote:

Originally Posted by muck

Quote:

Originally Posted by trilinearmipmap

Meantime it makes it much more attractive to order stuff direct from the U.S.

Thats what I was thinking...

That's what most people are already thinking from what I gather after watching the News article about the 6 week backlog of parcels stuck at the border while waiting for Customs clearance. There aren't enough people to timely clear the huge increase in number of items being sent by postal service from the States. 4 more weeks til I get my MH bulb. hehe.

Bryan · #10 10-22-2004, 01:19 AM

Sam:

If you don't mind crossing the border you can have your parcels shipped to a mailbox in Blaine. Much cheaper shipping and quite often Canada customs won't bother collecting the duty if the item duty value is small.