Is the price of a product the same in CAD as well as USD?

Question

Say a lipgloss from MAC for example. If it's $16.50 on the MAC site (US) would it be $16.50 for Canada too?

Thanks! x

Answer 1

No. The canadian price will be significantly higher because of strength of the dollar against the loonie in years past.

Sadly, they haven't fixed this even though the Loonie is now stronger than the American dollar, so canadians are getting reamed when it comes to American products.

If you have a novel somewhere around your house, the back shows the retail price in both US and canadian dollars, you'll see what i'm talking about.

Answer 2

No, even though the Canadian dollar is equal to the US dollar in the world markets, Canadians ALWAYS pay higher prices.

Example:

Panasonic 42" Plasma TV (model TH42PX80) at Best Buy in Canada - $1,499.00 CDN

http://www.bestbuy.ca/catalog/proddetail...

Same Panasonic TV at Best Buy in the US - $1,199.00 US

http://www.bestbuy.com/site/olspage.jsp?...

Both products are exactly the same.

Both products are exactly from the same retailer.

Both products have to be shipped the exact same distance.

As mentioned, before, on the world market the US dollar is about equal to the Canadian dollar.

The reason Canadians end up paying more is that the US is a much more competitive market than Canada. Competition drives prices down.

And I'm not even brining taxes into the equation. If some buys the TV at a Best Buy in Delaware, they would pay $0 taxes on top of the price.

If someone were to by the TV at a Best Buy in Ontario they would have to pay an additional 14% (PST and GST) or $209.89 CDN

So the price difference between the 2 products actually is about: $509.

Answer 3

no it would not be

it would be higher

just like on everything that has a price tag it always says

for example

USD

$2.00

CAD

$3.00

Answer 4

No, as others have said, the price in Canada will be different, most likely higher.