Jay condos at Par for Canadians LOL!!! - Canadian dollar

Patrick

Patrick

Well-known member
Yes, I received a letter from Jay Peak yesterday dated October 1st. I don't have the letter in front of me so I don't know the exact wording.

I think it was saying something like their condos were available for a limited time offer at Par (i.e. Canadian Dollar) and if interested to go to the Toronto or Ottawa Ski Show to reserve or something.

That made me smile. This was good for a limited time offer. :lol: Who are they trying to fool? :P

News update (CBC NEWs): Loonie nears $1.02 US on strong jobs report

http://www.cbc.ca/money/story/2007/10/0 ... ejump.html

The Canadian dollar was up by more than a cent and a half at $1.0181 US in morning trading. (...)"We've got a red-hot economy, inflation is back on the front burner and the Bank of Canada may have to respond [with rate hikes]," said Patricia Croft, chief economist at Phillips Hager & North.

"Could we go to $1.05 US, $1.10 US, $1.20 US? Absolutely," she told CBC News. "Currencies in the short term are driven by momentum and sentiment and right now the momentum is creating that tailwind for the Canadian dollar."
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MEANWHILE, I went to buy three ski mags yesterday (I was weak).

Skiing (a few articles I'm interested in, some in the East section).
$4.99 US (US market) / $5.99 CDN (CDN market)

Powder (same as above + resort guide)
$5.99 US (US market) / $6.99 CDN (CDN market)

Skier (article on La Grave).
$5.99 US (US market) / $6.99 CDN (CDN market)

SKIER is a Canadian magazine. :roll: Why should I pay more for these. :x :x :x

That is a 16-20% more. Spoke to the guy at the mag store, told me it could take 6 months before the price are affected to the current price (exchange rate wasn't 16-20% 6 months ago :roll: ). I told him that transportation was probably a factor, he said no, because Canada is all part of the North American market and prices sold not the different. (same logic for books - price bitching rant).
 
Tony Crocker":2ekqpd8c said:
Washington, Vermont, upstate NY economies should get a boost from all you Canadian shoppers.
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i'M going to Burke for the w-e... Fri-MOn... And i'll be getting lots of bike parts for spare... At PAR, i save clode to 35-40% of retail price in Montreal... I'm guessing the bike shop will get flodded with Canadian looking for cheap spare parts...
 
From what I understand (being in the industry myself), there is a major issue with pre-printed prices on publications such as magazines and especially books which have essentially been priced comparatively for a number of years. Canadian books still have higher CAN than USD printed on the covers and that is going to continue until the next batch of books get printed up. Books take a long time to cycle through. Magazines on the other hand, I can not understand that. There is a big to do in the publishing world regarding who pays for magazine stock that sits on shelves and doesn't sell but that is another story. Lots of interesting developments for in print media and books lately.
 
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