Wednesday, October 17, 2007

Retail Industry Ripping Off Canadian Consumers

We are tired of our ancient living room furniture and seeking to get some new pieces in. Of course, being value conscious consumers we are looking for the best deals.

The current exchange rate is over US $ 1.02 per C $ 1.00.

Canadian price for Costco 2 piece furniture set C$2899.99.

Same furniture and same retailer, American price US$1999.99.

Canadians pay over 45% higher price! Not to pick on Costco in particular on this matter. I actually like and admire Costco as a retailer and business. I see this everywhere, and to see it with Costco to with their 15% margin policy it simply magnifies how unfair Canadians are being treated.

Where is the Canadian consumer's outrage? Special, higher prices reserved for Canadians?

WTF indeed.

I suggest the best course of action is to defer consumer purchases as much as possible until the retail sector gets its act together.


1 comment:

Anonymous said...

Try buying a snowmobile. Ski-Doo is made in Canada and available for 3 to 4 thousand dollars cheaper in the USA. Makes me ill.