Iain receives a newsletter/commentary from a BMO financial advisor, Frank Lambros. His latest missive, entitled "Uh Oh… The Price Is Still Wrong" points out that although the Canadian dollar has averaged a value of $.988 US over the last year, the price gap on goods between here and south of the 49th is still huge, averaging 18% (!!!!??)
Here' s his list:
So where is the extra cash going? I would assume straight into the pockets of the retaillers, but I wish I knew.
1 comment:
According to the news, some of us have been really ripped off at the pumps!
I wonder if any of the price differential is related to duties or to quantity buying ...
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