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Author	Message Text
rick00001967	12/28/2024 11:13AM   just to throw in my 2 cents (no pun intended lol) first, yes the exchange rate has been increasingly changing in favor of the usd over the past few years. and it has changed quite a bit in just the last few months. the official rate now is down around 69 cents. just fyi....i remember when it was well below 60 cents at one time, and even when it was actually higher than the usd. i am not sure why some seem to feel they might be charged usd at par of they were to purchase a product in canada. where i live at least (not far from quetico) the only services i know of that regularly price themselves in usd are the outfitters and fishing resorts etc. most if not all of them get basically all their income from u.s. visitors and most have made the choice to advertise only in usd to make it easier for their foreign customers. but as far as buying a product (like a canoe for example) up here in canada, i can see zero reason why any seller would all of a sudden decide to ask for 3000 usd when they regularly sell for 3000 cad. i would love to hear of anyones specific examples of this happening if they can share that.
billconner	12/19/2024 07:10AM   The question is will you have to pay a torrid after Jan 20.
billconner	12/18/2024 06:32PM   Maybe not SR but Swift, Nova Craft, and Esquif have many dealers who would probably be happy to sell at their CA prices. Probably others I don't know.
HighnDry	12/18/2024 07:36PM   Forecasts projecting that exchange rate to increase with the dollar continuing to strengthen against the CAD.
tumblehome	12/19/2024 08:38AM   As a person that occasionally is in commerce with Canada, I've been following the exchange rate for a few decades.
Gaidin53	12/19/2024 01:47PM   For trips it is always important to ask if you are being quoted Canadian or US dollars. When you get closer to the border the businesses are more savvy about trying to bill it as US. Deeper you go into Canada the more you will just get the Canadian pricing. Then does your bank charge you a conversion fee also can come into play. The exchange rate is definitely in our favor! Ryan
deerfoot	12/17/2024 08:05PM   The exchange rate has been favorable for USD for some time now in Canada. It also seems a few more Canadian merchants seem to be asking par (USD = CAD) for their products.
billconner	12/17/2024 06:04PM   I see CA dollar is down to $0.70 US. Good time to pick up a canoe in Canada.
billconner	12/18/2024 05:55AM   Just more favorable last few days. I think if you drive into CA, you'd get CA prices. Best before tariffs.
deerfoot	12/19/2024 02:09PM   Gaidin53: "For trips it is always important to ask if you are being quoted Canadian or US dollars. When you get closer to the border the businesses are more savvy about trying to bill it as US. Deeper you go into Canada the more you will just get the Canadian pricing. Then does your bank charge you a conversion fee also can come into play. The exchange rate is definitely in our favor! Ryan" Agreed. This has been my experience the last few years.
timatkn	12/18/2024 07:49AM   billconner: "Just more favorable last few days. I think if you drive into CA, you'd get CA prices. Best before tariffs." I would not drive up to Atikoken to buy a canoe as an American citizen expecting to pay Canadian prices. I’d work that out (pricing) ahead of time or come up with Canadian cash in hand, a bottle of maple syrup or Molsons in the other hand, and say sorry, not sorry a lot… put a lot of mud on your US license plate… Otherwise it might be a long drive just to pay the same price you could have paid in the US. T
Crappiekillah	01/05/2025 01:20PM   We always would exchange our money at home thru AAA to save time at the border. We have done quite a few fly-in Quebec fishing trips and Canadian cash was paid to all. The last few years, our lake of choice is in the Cree territory, but the outfitter is an Ohioan who charges USD, but I still keep around $2,000 in Canadian dollars in my gun safe for my trips. We just don’t spend much anymore because credit cards get the current exchange rate at no fee. Because of the remoteness of our trips, I take a good amount of Canadian dollars just in case of vehicle breakdowns in inconvenient areas. Cash is king when needing immediate help.