21 September 2007

Dollars and Sense: American vs. Canadian Prices

Interesting article by Don MacPherson about the weak American dollar versus Canada’s. Periodicals will often have both US and Canadian prices printed on them, but publishers rarely adjust the prices according to inflation. A “$2.99 US” book printed today should also read “$2.99 Canadian”, but since they don’t, retailers have to spend extra money on the books from their wholesalers, and thus have to overcharge their customers.