The market for goods is set in the country where the product is being sold, not where it is manufactured. Prices can't be "unfair" unless the seller owns a monopoly.
This is Econ 101, folks.
Yes, it can be unfair, it just isn't illegal.
The market for goods is set in the country where the product is being sold, not where it is manufactured. Prices can't be "unfair" unless the seller owns a monopoly.
This is Econ 101, folks.
The question for those of you have used Apple Canada's support services: is that phone support located in Canada, warranty/repair work/parts: are they all from Canada?
If you've purchased an Apple product in another country, will the local country service it if you did not buy AppleCare?
First their dangerous lead in Zamboni technology, then the pervasive encroachment of Tim Horton's and their nefarious Timbits on our soil, and now this? The United States will never be safe until we deal decisively with that bunch of candy striping pinkos.
Sorry, this thread would be remiss without some loosely Canadian Bacon style xenophobia.![]()
Yes, it can be unfair, it just isn't illegal.
But is the Timbit on par with the Krisky Kreme mini?
Is Second Cup's Large Chiller matching Starbucks Grande Frappuccino?
Will Lowes equal Canadian Tire?
Will Jack Bauer stop Canadian infiltrators in this season's 24?
(psst: Keifer Sutherland and Elisa Cuthbert are Canucks.)
No, not really. As I've said, prices are set in the market where the goods are sold, unless the maker doesn't need to complete, because they've got a monopoly. Prices aren't "unfair" or "illegal" just because they're more than you want to pay. Econ 101. Adam Smith. You could look it up.
Like IJ said early in the strength of the dollar does not really effect the US citizen that much.
But Canadians have to remember that it's not so much the loonie doing well as the American dollar doing poorly.
Calling prices "unfair" is an expression of consumer sentiment, one that behavioral finance is more concerned with as it affects the purchasing decisions made by the consumer. Alan Greenspan (former FOMC chairman) calls the subprime mortgage lenders "egregious." The FOMC's response to mortgage default "fears" and possible spillover into tightening of consumer spending is to reduce rates. Now this situation isn't unfair or illegal by your classical definition as there's no monopoly ... caveat emptor, but Smith is dead, consumers are not rational and Bernanke is obviously worried about consumer sentiment.
But is the Timbit on par with the Krisky Kreme mini?
Is Second Cup's Large Chiller matching Starbucks Grande Frappuccino?
Will Lowes equal Canadian Tire?
Will Jack Bauer stop Canadian infiltrators in this season's 24?
(psst: Keifer Sutherland and Elisa Cuthbert are Canucks.)
Second Cup's Chillate > any Starbucks frozen drink.
As far as I'm concerned I'm ready to take a trip to the US for a shopping spree.
I remember them picking up an NES, and for whatever reason, it was a good buy to get it in the US at that time.
...Which is the one good thing about a weak dollar for Americans - we'll be seeing a ton of Canadian tourists (at least in the Northern states)...
As I mentioned earlier in the thread, that isn't really the case.
It's true for the pound and, to some extent, the Euro that their recent strength is based on US Dollar weakness, but the Canadian Dollar has been gaining against *ALL* major currencies, just not as dramatically (or as symbolically) as it has against the US Dollar...
The Canadian economy is up, but the US dollar is at it's lowest trade-weighted value since the inception of the Federal Reserve Index nearly 40 years ago. Parity and the resulting coverage and general reaction has more to do with the latter than the former, and Canadians shouldn't panic about potential service sector hits, that's all I'm sayin'.
Yeah, but the US Dollar being down is just coincidence - that's all *I'm* sayin'.
For example, a 6 month chart of how the Canadian Dollar has done against the Euro:
(MAD GRAPH GOES HERE YO)
...All Apple product in Canada other than AppleStore has to go through one of three distribution companies, they take their mark up of course, and there is an additional freight cost. ...
Distribution was centered in Ontario, and provinces on either coast saw incremental product price gains that were directly attributed to shipping costs. More so in Vancouver than Halifax.
Could be the 49th parallel gives a convenient landmark to apply these costs.