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Topic Review (Newest First) |
Nov 2nd, 2007 10:38 AM | ||
Emu | So are we rapidly moving to become Canada's Mexico or what | |
Nov 2nd, 2007 10:28 AM | ||
AChimp |
$1.00 CDN = $1.07 US New post-war high |
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Oct 29th, 2007 05:07 PM | ||
AChimp |
The main complaint has to do with mature market products. A few years ago when our dollar was $0.62 US, stores were all raising prices since importing goods was so much more expensive (transportation costs, etc). Now that the dollar is around parity, prices on all of these things have stayed at the "making up for the high cost of importing" level. The cost of importing goods has gone down as the dollar has risen, so the extra amount that consumers are paying is pure profit. The common excuse for the last year or so has been to do with inventory stocks. The idea is that stores paid $X for the product sitting in the warehouse and are going to charge $Y for them. This makes sense until you realize that all of this inventory has turned over in the warehouses several times since retailers made this excuse, all while the cost of importing has gone down. Smart stores don't even keep huge inventories on hand anymore as the use of JIT delivery methods has become more widespread. This isn't just a case of a few stores charging more; prices are pretty even across the board, either, and the answer isn't as simple as "just don't shop there." Most Canadian cities have 2-3 major retail chains where a US city will have 4-5 (the difference is usually made up by regional chains). The population and demographics can't support that many businesses... think of US towns where all they have is a Wal-Mart. Overall, the general feeling is that many manufacturers are milking consumers and inflating prices unfairly due to lower revenue in the US. A lot of manufacturers will go to great lengths to maintain their market share in the US, even to the point of selling products at a loss, because they know they can make it up by charging more in other countries. And so we order stuff online and pay the difference to Fedex. |
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Oct 29th, 2007 04:06 PM | ||
El Blanco |
I don't know how much you can make of that. People all the time jump state borders to get better prices. Before New York City dropped the tax on clothing (which the rest of the state never did), it was common for people to drive into New Jersey (which didn't have the tax) to buy clothes. I knew a guy in college whose family drove to Michigan so they could save $20k on an SUV. I know people that still go down South for cars. |
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Oct 29th, 2007 02:52 PM | ||
AChimp |
$1.00 CDN = $1.05 US Up and up and up! http://www.cbc.ca/money/story/2007/10/29/loonie.html A bunch of big chain stores have also been announcing lately that they'll be lowering prices to match US prices, mostly due to them shitting their pants about losing business to people driving south for a couple hours or ordering online. Some stores in the US are also complaining that they're getting warnings from US manufacturers to not sell to Canadians who are coming for cheaper prices. There's certain models of vehicles that are like $10,000 cheaper in North Dakota. The obvious answer is that the US auto industry is propping up Canadian healthcare! So much for the free market. |
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Oct 29th, 2007 09:39 AM | ||
AChimp |
Actually, I probably make more than you as a software developer. PS. I have a university degree (not a sad two-year state college degree), but don't tell anyone because they might fire me. |
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Oct 29th, 2007 09:14 AM | ||
Kulturkampf | But can you get a good job with which to use your dollar? Soon you will be an economic refugee unless you start logging. | |
Oct 28th, 2007 11:38 PM | ||
AChimp | This is funny because my dollar is worth more than yours, which means I can afford more Arby's. | |
Oct 28th, 2007 10:29 PM | ||
Kulturkampf | AT lesser rates than those of the Canadians one would presume by the vast amounts of those who come overseas as economic refugees, fleeing Arbys. | |
Oct 28th, 2007 08:19 PM | ||
KevinTheOmnivore | Which doesn't even pay well in Cananda, I hear. | |
Oct 28th, 2007 07:46 PM | ||
Chojin | Whereas the people with college degrees here are unemployed, THE WAY GOD INTENDED. | |
Oct 28th, 2007 07:19 PM | ||
Kulturkampf |
Quote:
We are not propping up a nationalized medical system. We have a huge economy w/ less regulation. Free market rocks. Plus, you guys do not have a large diversity of natural resources; there are many white collar economic refugees in Asia teaching English (tens of thousands of Canadians) because there are no real jobs in Canada. People with college degrees are waiters in Canada (!!!). Your country sucks dicks. |
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Oct 27th, 2007 01:14 AM | ||
Esuohlim | I don't care what you say I'll still throw your money in the trash can when I get it back as change | |
Oct 26th, 2007 09:51 AM | ||
AChimp |
$1.00 CDN = $1.04 US I'm going to order a million things online before this thing is done. |
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Oct 11th, 2007 11:14 PM | ||
KevinTheOmnivore |
I learned this week that facebook is the top website in Canada. I think that negates the whole parity thing with the dollar. |
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Oct 11th, 2007 10:58 PM | ||
ItalianStereotype | the federal reserve is already talking about distribution of the "amero," since mexico would be bringing their rainbow toilet paper to the party as well | |
Oct 11th, 2007 06:45 PM | ||
Chojin | I keep thinking this thread is called 'Party', and I'm always like ALL RIGHT | |
Oct 11th, 2007 04:43 PM | ||
AChimp | It would be totally cool if our currency was spice. | |
Oct 11th, 2007 04:03 PM | ||
Chojin | Also, I can't wait until currency is actually called 'credits', that will totally make me day and I'll watch blade runner all day long in celebration | |
Oct 11th, 2007 04:03 PM | ||
Chojin | Dollars and coins are both stupid, credit is where it's at | |
Oct 11th, 2007 11:10 AM | ||
AChimp |
$1.00 CDN = $1.02 US |
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Sep 24th, 2007 12:23 PM | ||
El Blanco | Hopefully, if the North American Union comes to fruition, we'll have you yokels using our money so you can know what real currency is all about. | |
Sep 24th, 2007 12:08 PM | ||
AChimp | Canadian bills have little plastic Braille symbols embedded in them. You can still feel them even if the bill is kinda crumpled up. | |
Sep 24th, 2007 10:53 AM | ||
El Blanco |
Quote:
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Sep 24th, 2007 09:43 AM | ||
AChimp | Finger scans would be pretty sweet, though. | |
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