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> Right off the top you're earning CAD instead of USD, so with the current exchange rate that's a ~25% reduction in purchasing power. Uh, those are two differe
by dukeyukey 3y ago
> Right off the top you're earning CAD instead of USD, so with the current exchange rate that's a ~25% reduction in purchasing power.
Uh, those are two different currencies, and Canada generally has a lower cost of living than the US. I don't see why the Canadian dollar being priced weaker than the US dollar would come into this.
- theflyinghorse 3y agoBecause the laptop/cellphone/tv you buy is priced in USD and then converted to CAD. Take a look at Macbook prices in Canada and weep for us. Canada imports most products, and so we pay a hefty price for weaker currency
- dukeyukey 3y agoImporting doesn't inherently make something more expensive, least not between countries with extensive free-trade agreements. Like, if you compare US vs UK MacBook prices the UK looks way more expensive, but after accounting for VAT they're basically the same.
- bluefirebrand 3y agoIf I go compare prices for luxury electronics like game consoles, phones, computer parts, laptops, and literally anything else, the cost of the item is always much more in Canadian stores than American stores, and it's always more than exchange rate would explain. And that's before taxes. And American stores will not ship those sorts of items to Canada.
- dukeyukey 3y agoI can't talk directly about the Canadian market, but I can tell you that in the UK, once taxes are accounted for the prices are near-identical, and we don't even have a US free trade agreement.