(Originally published to my Livejournal, CreamSodaAngel).

I have a tendency to tease my American friends as of late, regarding the face that the Canadian dollar has currently surpassed their own American dollar. (As I am writing this, the Canadian dollar is trading at 1.071 USD). To me this is a very exciting fact, because in all my time on the planet our dollar hasn’t been anywhere close to this – it’s always been worth less than an American dollar. The reason why our dollar is so high, I honestly can’t say. I’m no business major, I can only guess to a number why this could be happening. But that doesn’t concern me right now.

So of course, our soaring dollar leads many Canadians to hop across the border for some quick shopping sprees due to our prices being higher than the Americans. Not that this hasn’t happened before. But now that our dollar is beating the US dollar, Canadians are starting to COMPLAIN about the fact our prices are higher. Whereas previously, they didn’t complain.

Excuse me? Even without a degree in business, I know how silly it is to complain. Of course our products cost more than that of Americans – they outnumber us! Their population at current is estimated to be 300 million, while ours is estimated at 33 million. This mean they have a much larger economy than ours, by sheer amount of people alone. In turn, this means that products that are available to us Canadians need to be priced higher to reflect our smaller production number (the larger amount of one item you make, the less you can charge for it).

So when people jump across the board to buy those new shoes or electronic gadget, they’re supporting the American economy allowing them to produce more products more cheaply, while our own suffers.

The solution? Suck it up and support your own economy suckas!

That’s not that I don’t agree to dropping the price some extent. Any import products from the United States could be dropped to reflect the rise in our dollar. But that’s a whole other can of worms.

Current Music: Canada is Really Big – The Arrogant Worms
Current Mood:annoyed