I was just checking prices this evening (honest!), but when I put a book into my cart to see if it was couponable while signed into Kobo Canada, I got the following pop-up:
Quote:
One or more items in your cart are not available for purchase in your region.
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Could Kobo have started to enforce geo-restrictions? The end of an era.

While I didn't think I ought to purchase a book abroad because it was cheaper, I had no issue traveling to buy something unavailable in the US.