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I agree with your points. I guess personally, I just noticed the dollar being low in particular when making online purchases. For instance on eBay, a lot of the
by moonshinefe 11y ago
I agree with your points. I guess personally, I just noticed the dollar being low in particular when making online purchases. For instance on eBay, a lot of the listings are often US sellers that are just shipping to Canada. The dollar difference is extremely noticeable when it converts the currency at that point and it's turned me off of buying off eBay as much in recent history.
But if you're buying / selling within the country, the prices haven't gone too crazy, you're right.
- tempestn 11y agoOn the flip side, my income comes primarily from online sales and advertising, mostly to US companies, which means a lower CAD is great for me. We're a microcosm of importers vs exporters. Most people probably don't do a lot of either. As for those who do... although increased cost of online purchases must directly affect more people than increased demand and income for exports, when you consider higher-order effects I suspect it could go either way. (Certainly all you ever hear in the news when the dollar moves significantly is how it's good for manufacturers but bad for importers.)