(No Ratings Yet)
Loading ...About
Canadian US Shopping Guide
Douglas Porter, Deputy Chief Economist at the Bank of Montreal, published a revealing report “The Price is Wrong” (Sept. 20, 2007), pointing out that Canadians pay 24% more on a basket of assorted goods than Americans at the recent exchange rate (i.e. CA$/US$=0.99). The gap is widening by today’s rate.
Unfortunately Canada is the True North strong but not so free. The most obvious evidence is the price tags at the back of a book. Less obvious ones are that we have the highest income tax and consumption tax in North America, the most expensive air tickets from the sole international airline, and a retail industry with the least competitions. It’s inevitable that cross border shopping is becoming one of a favoured pastime to Canadians.
BetterDollar.com is dedicated to help Canadian reaping the reward of strong Canadian dollar by providing a comprehensive guide on cross-border and mail order shopping. Apart from price disparities, there are other things which still rip you off in shipping, brokerage fee and even payment . If you’re laden with those hidden charges, you’re bargain-hurting no more. To avoid the rip-off, read our articles.
Related posts
