Friday, September 21, 2007

$1CDN=$1US

So all the news that new in Canada today is that our dollar reached parity with the U.S. dollar yesterday. I think you have to have been living under a rock to not know that.

This means that when shopping at home, we truly are paying more for the same products. Look at the back of any greeting card, magazine or book where the price is pre-printed. There’s the U.S. price and the Canadian price. And the Canadian price can be up to $10 more in the case of books.

This also means that places like Disney World that like to offer ‘Canadian at par’ deals to encourage tourism will get laughed at.

But, more importantly, this means asking a very important question:

Who wants to go shopping with me in Buffalo?!! :-)

3 comments:

SnH said...

Damn pregnancy - I've been swallowing down the bitter taste of irony since I heard the dollar was on par - as if this is finally happening for first time since I was born, and I can't go shopping ...

It is an interesting concept though - that everything we are buying we are paying more than we should for. I wonder what the gov't is going to do about that, because I'm thinking why does it make sense to buy anything up here anymore (except for convenience).

Rob said...

Don't worry, it's not like it's going to be some short term thing. If you listen to the experts, we should be at par or above for a while. We might very well be telling our kids about the days when our dollar was LESS than the US buck.

suziegardner said...

I DO, I DO, I DOOOOO! :D