Canadian & U.S. dollar are even, now what?

Thread: Canadian & U.S. dollar are even, now what?

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  1. #1
    Member Time2watch's Avatar
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    Off topic Canadian & U.S. dollar are even, now what?

    Hi Guys,

    Not sure if this affects you or not, but what I do for a "living" is greatly affected by currency exchange. We are feeling a pinch now that the U.S. and Canadian dollar are trading at par.

    Do you think this will affect the watch industry?

    Does it affect you personally?

    I know that many Canadians are going to the States to buy stuff lately. Even with the duties and taxes, it is still cheaper. People are going down to Plattsburgh to buy cars! I heard that on a luxery car you can save up to $15,000!

    Anyway, just curious as to how you all are doing and if this affects you or not. I even heard the Canadian dollar may surpass the U.S. and be worth as high as 1.05$!!!

    Thoughts?
    Marc Levesque
    @MarcTime2watch
    MyTime2watch.blogspot.com

  2. #2
    Member MarkJnK's Avatar
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    Re: Canadian & U.S. dollar are even, now what?

    I'm Canadian, so this means "GO SHOPPING ONLINE" before retailers can adjust their pricing. Shopping in USD is an absolute bargain for us canucks...

  3. #3

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    Re: Canadian & U.S. dollar are even, now what?

    Does this mean that we meet at the border and trade off watches for Canadian Dollars?

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  5. #4
    Member MarkJnK's Avatar
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    Re: Canadian & U.S. dollar are even, now what?

    Quote Originally Posted by obie View Post
    Does this mean that we meet at the border and trade off watches for Canadian Dollars?
    Name the time and place, I'll be there.

  6. #5
    Member teaman's Avatar
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    Re: Canadian & U.S. dollar are even, now what?

    I am Canada as well and have a feeling we will be seeing very little of the savings. Bear in mind costs are generally higher in Canada. Smaller population and most all marketing needs to be in both English and French.

    On the flip side, when the Loonie was at $0.65 things weren't a whole lot more expensive either.

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