Just got an email from our OOCSGS. They have just announced the removal of their U.S. dollar surcharge.
We've been critical and suspect of the rationale behind this 'surcharge' but as it has been in place for a well over a year and adjusted almost weekly, we are excited by the prospect of being in a rebate position soon.
Using previous surcharges as a guide, a few weeks ago our dollar was at 99 cents and the surcharge was 5.1% (actual dollar value difference is 1/2 of 1%). This means that if the dollar hits $1.01, we can look forward to a rebate of 5%.
Time to celebrate!