Diary of a Demented Store Owner

Wednesday 20 April 2011

The Equity(?) of Doing Business in Canada

Top news story recently in all the papers-
"Canadians are paying 20% more on average than Americans for identical products even though the loonie has soared above the U.S. greenback."
Wonder why?
Here's maybe a clue;
A few months ago one of our OOCSG suppliers was adding a surcharge of almost 3% when our dollar sat at  $.98 U.S. (only fair I guess)
Yesterday our dollar sat at $1.05.
Still waiting for a rebate (fair?)...

1 comment:

Anonymous said...

Fair would be if B.D. still ran the joint.