Canadian $

wow,  “Canadians that decide to do some cross-border shopping are benefiting, the increasing popularity of the Internet makes it possible for Canadian to buy things from vendors abroad and to that extent they can benefit 100 per cent from the appreciation of the Canadian dollar.”

So this poses a VERY interesting challenge for Canadian retailers and US suppliers. Match US prices and  put pressure on suppliers to catch up? Loose some sales to the internet [nothing new to camera retail customers] and off sell on the benefit of shopping locally? I expect something to happen at the federal level as a reaction to this news within the next week [a hot button for jim flaherty no doubt]. For my generation this is something I didn’t know we would ever see.  As a retailer it means coming up with some new ideas for making it work.
At the time of this post the exchange at xe.com is 1.00144. I will keep this short as it is a full 180 from normal posts here. I just find it very exciting/scary news. Prices are going to go up for something as not everything we buy comes from the US and they are a big trade partner so could hurt Canada exports…yaddda yadda yaddda you get the idea
Very interesting…. or very scary depending on how you look at it.
Photo for now is of #35 Dwayne Roloson. More photos on flickr.com keyword “Joey Moss Cup”