The Canadian dollar is on a tear.

The Canadian dollar hit $1.10 US this morning as the USD continues it’s precipitous drop towards becoming an irrelevant world currency.

I wrote this blog entry a little while ago about how Subaru (and other car companies) are raping Canadians. Well now, the new numbers are something like this:

Subaru Outback XT Limited in Canada: $45,900. The same car in the USA: $32,800 or $29,520 in CDN$. That is now over 50% more money for the same car in Canada.

Similarly, I had pre-ordered a new Nikon D300 camera at a price of $2100. Nikon felt some pressure and lowered their list price to $2000. That same camera lists for $1800 in the US, or $1620 CDN. So I just cancelled my order, and will be ordering one from the USA.

2 Responses to “The Canadian dollar is on a tear.”

  1. on 09 Nov 2007 at 1:26 pm Paul

    Despite the financial reasons that have brought you to your conclusion, be aware that Nikon Canada will not honour the warrantee from a Canadian who has purchased a Nikon abroad. The same is true for the other camera companies.

  2. on 11 Nov 2007 at 11:45 am sduford

    You are correct, that is the rethoric from Nikon but it is just designed to scare people: if challenged in court Nikon would lose. It is illegal to refuse warranty service on a product that was purchased legally. Compaq tried that with me when I bought a laptop while I lived in the USA and then moved back to Canada shortly thereafter. They wouldn’t fix the laptop, but a letter from my lawyer fixed that in a hurry: they quickly complied when challenged.

    But there are several ways around that. First of all, Nikon USA will honour the warranty and will only take a couple extra days to ship the camera back and forth. Second, you can buy a third party warranty for about $70.

    I refuse to be taken hostage by companies like Nikon and Subaru. I would rather support the Canadian market, but I won’t do so at a cost of several hundreds or thousands of dollars.

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