Quote:
Originally Posted by Readirect
The issue is actually the exchange rate. Currently, the Canadian dollar is 23% less than the US dollar and makes everything priced in USD more expensive by 23%.
Conversely, of course, anything purchased in USD from Canada -- Chapters Indigo's website, for instance -- is 23% cheaper excluding taxes.
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Not quite. Canadian dollar prices are 23% less in US dollars, but US dollar prices are 30% more when translated to Canadian dollars.