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Joined: Sep 2011
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Campfire Kahuna
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OP
Campfire Kahuna
Joined: Sep 2011
Posts: 60,892 Likes: 10 |
The Loonie is somewhat stronger than it was, US $.73 the last I looked, but still low enough to be a factor.
Has the exchange rate affected any of you kind folks?
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Joined: Oct 2010
Posts: 754
Campfire Regular
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Campfire Regular
Joined: Oct 2010
Posts: 754 |
The drop in the Canadian dollar only effects every item's price on all imports, and all dollars spent outside of Canada.... (both of these effects are horrid) Other than that, no effect at all.
“Even if you’re on the right track, you’ll get run over if you just sit there.” --- Will Rogers
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Joined: Oct 2009
Posts: 7,693
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2009
Posts: 7,693 |
you betya any guns, parts, books are out of reach
norm
There is not enough darkness in all the world to put out the light of even one small candle----Robert Alden . If it wern't entertaining, I wouldn't keep coming back.------the BigSky
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Joined: May 2007
Posts: 12,136
Campfire Outfitter
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Campfire Outfitter
Joined: May 2007
Posts: 12,136 |
wabigoon; Good evening to you sir, I trust this finds you and yours well this evening.
I'm not sure really where to begin or end with your query sir.
With shooting related things, gunpowder if we can find it runs $50 a pound now for the most part. If I want a magazine subscription or book from stateside, there's up to a 40% up charge.
Shall I go on?
We're not going south this year in droves and apparently it's really hurting places like Arizona, Texas and some of the south east too.
We're selling our heavy equipment and trucks south of the line as fast as they can be processed though - I mean the folks on the other side of the medicine line are getting a 30% discount over what they'd pay there.
Last month in the grocery store a stalk of celery was $5.... it wasn't that long ago it was $2.50 - like as in last fall....
So there's few facets of our lives that aren't effected by it sir, sometimes for the better and often less than that - but as Canucks we're used to that and will surely survive this little bump in the road.
All the best to you folks in the upcoming weeks sir, may you stock up on sleep for calving season.
Dwayne
The most important stuff in life isn't "stuff"
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Joined: May 2003
Posts: 20,494
Campfire Ranger
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Campfire Ranger
Joined: May 2003
Posts: 20,494 |
Just pack your fishing rod and come enjoy the early spring. Toss in a couple or three hundred US dollars, and you will be able to get a decent exchange rate ............not that the pickerel will mind much.
"Keep thy heart with all diligence; for out of it are the issues of life." (Prov 4:23) Brother Keith
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Joined: Oct 2002
Posts: 96,121
Campfire Oracle
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Campfire Oracle
Joined: Oct 2002
Posts: 96,121 |
Looks like it's time for a trip to Canada.
I've actually been looking into deer hunting in Ontario, just need to find a 'trust' outfit.
"Dear Lord, save me from Your followers"
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Joined: Sep 2011
Posts: 60,892 Likes: 10
Campfire Kahuna
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OP
Campfire Kahuna
Joined: Sep 2011
Posts: 60,892 Likes: 10 |
The break for "Yanks", is helpful, but the "rub" is, many items are priced enough higher that they are still higher even after the exchange rate is factored in.
If you have not been "North" lately, find out if your credit card charges a foreign currency fee.
Cash, or a Canadian bank debit card will save a few percent.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Joined: Oct 2002
Posts: 96,121
Campfire Oracle
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Campfire Oracle
Joined: Oct 2002
Posts: 96,121 |
That was my experience in '97. The exchanges rates were the about the same then. Nice, but the prices for many things were high, even after the exchange rates were factored in.
Yea, I use a CC as much as humanly possible in Canada.
"Dear Lord, save me from Your followers"
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Joined: Nov 2002
Posts: 33,721 Likes: 2
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,721 Likes: 2 |
When we moved to Canada the rate was ~$.75. When we left it was at parity. Came in handy when we sold the house.
Conduct is the best proof of character.
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Joined: May 2003
Posts: 20,494
Campfire Ranger
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Campfire Ranger
Joined: May 2003
Posts: 20,494 |
We just bought some Euros a few days ago. We have a US dollars account, and by using US dollars instead of Canadian we saved about 3%. Don't forget, Canada may be a close neighbour, but it is still a foreign country .............. Even to wabigoon.
"Keep thy heart with all diligence; for out of it are the issues of life." (Prov 4:23) Brother Keith
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Joined: Dec 2008
Posts: 6,930
Campfire Tracker
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Campfire Tracker
Joined: Dec 2008
Posts: 6,930 |
Yes. Looking at supplies for the cabin. Rather than hauling them up. Looking to buy in country on the way up. Even with the tax, we are ahead.
Montana MOFO
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Joined: Nov 2006
Posts: 5,796
Campfire Tracker
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Campfire Tracker
Joined: Nov 2006
Posts: 5,796 |
Probably gonna keep dropping with a dumb Prime Minister like Trudeau in Ottawa.
It is better to be judged by 12 than to be carried by 6.
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Joined: Sep 2011
Posts: 60,892 Likes: 10
Campfire Kahuna
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OP
Campfire Kahuna
Joined: Sep 2011
Posts: 60,892 Likes: 10 |
Well Keith, Canada may be a foreign country, with a "Foreign" government, but there is nothin' foreign about the people. 994/100% are right good folks!
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Joined: Nov 2006
Posts: 10,808
Campfire Outfitter
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Campfire Outfitter
Joined: Nov 2006
Posts: 10,808 |
Up where my wife and I are from a lot of businesses depend on the cross-border trade. When the $CAN drops like it is now, the number of Ontario plates in the supermarket, restaurant and Walmart parking lots drops considerably.
Mathew 22: 37-39
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Joined: May 2003
Posts: 20,494
Campfire Ranger
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Campfire Ranger
Joined: May 2003
Posts: 20,494 |
Well Keith, Canada may be a foreign country, with a "Foreign" government, but there is nothin' foreign about the people. 994/100% are right good folks! Not commenting on the quality of the citizens either north or south of the forty ninth parallel, every time we head south, I deport myself as a visitor ........... A polite, law abiding visitor, and if I cannot afford the exchange on the currency, I stay home, or rob a bigger bank before turning south on 502 highway. ;-)
"Keep thy heart with all diligence; for out of it are the issues of life." (Prov 4:23) Brother Keith
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Joined: Feb 2007
Posts: 1,268
Campfire Regular
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Campfire Regular
Joined: Feb 2007
Posts: 1,268 |
Where I work we produce pulp and paper, when the C$ is down this far our companies are making money hand over fist because they sell in US$. We don't have to worry about production curtailments, and they are much more likely to invest in better equipment.
So while my pay packet buys less, I have some job security that can't be provided in the O&G business.
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Joined: Sep 2011
Posts: 60,892 Likes: 10
Campfire Kahuna
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OP
Campfire Kahuna
Joined: Sep 2011
Posts: 60,892 Likes: 10 |
World finance is beyond my feeble mind. Back in 2002, my wife bought a Husqvarna sewing machine in Dryden, Ontario.
Back then the rate was US$ .65 to C$1. The machine is made in Sweden, but the price was the same, or close in both dollars. The rate made the sewing machine "cheaper", in Canada.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Joined: Nov 2006
Posts: 10,808
Campfire Outfitter
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Campfire Outfitter
Joined: Nov 2006
Posts: 10,808 |
World finance is beyond my feeble mind. Back in 2002, my wife bought a Husqvarna sewing machine in Dryden, Ontario.
Back then the rate was US$ .65 to C$1. The machine is made in Sweden, but the price was the same, or close in both dollars. The rate made the sewing machine "cheaper", in Canada.
It's interesting. In 1998, when the $C was down, I bought a Miller welder in Watertown, NY. The list was around $2700 IIRC. I told the dealer, "If that's the best you can do, I can go over to Kingston (Ontario) and get it for (considerably less) with the exchange, and get my sales tax back at the border. He gave me a real good deal and sweetened the pot with a few extras.
Mathew 22: 37-39
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