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I don't get why the Canadian price is CA$929 when the US price is $579. That's an "exchange rate" of 1 USD = 1.6045 CAD. That is a far cry from the actual exch
by winter_blue 2y ago
I don't get why the Canadian price is CA$929 when the US price is $579.
That's an "exchange rate" of 1 USD = 1.6045 CAD. That is a far cry from the actual exchange rate (which is 1 USD = ~1.35 CAD).
And ReMarkable isn't the only company selling products at rip-off pricing to Canadians.
This absolutely sucks.
- geraldwhen 2y agoLooks like 20% VAT
- winter_blue 2y agoThe duty on tablets & e-readers in Canada is 0% regardless of which country the tablet / e-reader was made in, according to: https://www.cbsa-asfc.gc.ca/travel-voyage/dte-acl/est-cal-eng.html https://www.cbsa-asfc.gc.ca/travel-voyage/dte-acl/est-cal-en... (there's a specific duty category for tablets and e-readers) Sales tax is 13% in Ontario, so even with that, the exchange rate should be 1.35 * 1.13 = 1.53 not the 1.60 exchange rate they use. I'm assuming shipping is already included in the price in the US as well, and shipping cost in Canada shouldn't be that much different compared to the US. I guess if the cost of shipping is higher in Canada, then that explains the USD-CAD conversion jump from 1.53 to 1.60.
- geraldwhen 2y agoShipping definitely costs more, and there may be a small buffer in there for currency fluctuations. Margins on hardware are slim.