Canada'S Exchange Rate Rises, Household Goods, Clothing, Electrical Appliances And Cars Are Higher Than Retail Prices In The United States.
With Canadian dollar pairs
US dollar exchange rate
In recent years, the Canadian dollar has changed to a record high of $1.04 for the $1 exchange rate. Whether the retail price reflects the exchange rate change has become the most concerned topic in Canada.
Industry experts point out that the value of the Canadian dollar has exceeded the US dollar, but Canadians buy books, cars, jogging shoes, iPod, DVD, and even golf balls, etc., with an average of 20% more than that of the Americans.
For example, the same book in Canada sells for 16.75 Canadian dollars, but it only sells for 14.82 dollars in the United States. If the exchange rate is 1.02 yuan for 1 yuan, it can be purchased in the US for only 14.52 Canadian dollars, and the price difference between the two countries is as high as 15%.
Experts said that retail sales of various types of products in the retail industry were the first to push the retail channel of automobiles, books, electrical appliances, clothing and household products under the pressure of the biggest price competition.
Canadian retailers
It also pays relatively high import duties.
According to the Market Research Report, Canada
Jogging shoes
The price is 48% higher than that of the US, +16%, +20%, book (+15%), Blu ray DVD (+28%), Gap casual pants (+15%), Canon camera (+2%), iPod Touch 8GB (x).
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