$1 Cdn = $1US - Stromtrooper Forum : Suzuki V-Strom Motorcycle Forums
Canadian Troopers For those up north!

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post #1 of 34 Old 09-20-2007, 02:10 PM Thread Starter
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Thumbs up $1 Cdn = $1US

CBC News sez:

"The Canadian dollar reached parity with the U.S. greenback on Thursday for the first time since November 1976."



I guess it's time to buy more stuff from U.S. websites.


- Martin


2019 650X
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post #2 of 34 Old 09-21-2007, 02:33 AM
 
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That means a DL1000 now costs only $8,999.00 cdn! Good deal for a 1000 if you ask me
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post #3 of 34 Old 09-24-2007, 01:36 PM
 
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managed to pick up a nice pair of boots for $74...even with the $22 shipping it was alot less then the $189 msrp up here.....they really have to adjust those msrp's fast.

whats scary is our dollar is actually really soft right now against the euro and pound.
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post #4 of 34 Old 09-24-2007, 02:07 PM
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well they aren't adjusting anything yet!. i just picked up a sprocket set, chain and hub absorbers from newmarket suzuki. bill was 331.67 plus tax for a total of 378.10. i showed the parts guy, Mike, a price list from oneida suzuki and the price was around 200.00 total. he wouldn't budge on the price even though i showed him the chain alone was 76.99 at oneida and 161.94 at newmarket suzuki. i said i wanted to support a local shop but the difference was gouging and he said he had to make money and offerred me 15% discount on my next purchase???? he insists he sells a lot of chain/sprocket sets at that price and i said bull#$%#. looks like the US get's all my money from now on.
rant over,thanks,
mike

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author of future books, "Stuck in Pickering" and "Only Cowards Stay Married"
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post #5 of 34 Old 09-24-2007, 04:55 PM
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Quote:
Originally Posted by savvy View Post
well they aren't adjusting anything yet!. i just picked up a sprocket set, chain and hub absorbers from newmarket suzuki. bill was 331.67 plus tax for a total of 378.10. i showed the parts guy, Mike, a price list from oneida suzuki and the price was around 200.00 total. he wouldn't budge on the price even though i showed him the chain alone was 76.99 at oneida and 161.94 at newmarket suzuki. i said i wanted to support a local shop but the difference was gouging and he said he had to make money and offerred me 15% discount on my next purchase???? he insists he sells a lot of chain/sprocket sets at that price and i said bull#$%#. looks like the US get's all my money from now on.
rant over,thanks,
mike
I like to support the local guy's too but WTF? I won't be guilted into being gouged either. My money only goes so far, just like anyone else.

Big & fugly, mmmmmmmm....
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post #6 of 34 Old 09-24-2007, 05:22 PM
 
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I want to support local tool, but just ordered 2 gel seats for our bikes from a Washington Suzuki dealer. With shipping, still nearly half price. Hurts still to pay
double for everything.
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post #7 of 34 Old 09-24-2007, 05:44 PM
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Lightbulb Payback for Healthcare ?

Maybe that's one way that Citizens in Canada pay for all that free healthcare--in a round-a-bout sort of way, that is.

I once did some work for a large Corporation here in the U.S. that sold it's goods to both the U.S. and Canada. I noted some interesting differences in the way businesses are taxed in the two countries.

In Canada, businesses have to pay a rather inflated tax rate when the goods are produced and then apply to get some of the tax money back from the government as a refund after they are sold to the consumer.

In the U.S., businesses usually pay taxes quarterly, and only after they have been sold which allows them to hold on to more of their money longer and invest it in short-term securities when they are not using it for tangible purposes.

Having to give up that money earlier to the government may drive the price of goods up, the costs of which are passed along to the Canadian consumer.
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post #8 of 34 Old 09-26-2007, 03:48 PM
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check this out... :mad:

I sure wish the investigation wasn't solely with the auto industry...

[FONT=Arial Black][COLOR=SlateGray][I][FONT=Arial]vroom, vroom!![/FONT][/I][/COLOR]
[URL="http://kniffen.ca/wp-content/gallery/western-canada-trip/DSC_0085.jpg"][COLOR=SlateGray] DL650K7[/COLOR][/URL][/FONT]
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post #9 of 34 Old 09-26-2007, 05:42 PM
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Quote:
In Canada, businesses have to pay a rather inflated tax rate when the goods are produced and then apply to get some of the tax money back from the government as a refund after they are sold to the consumer.
In Canada the 6% GST(Goods and Services Tax) also can be remitted quarterly. So although it gets calculated when the goods are produced, it does not necessarily get paid then. The business gets a refund after expenses. The average joe/jill consumer does not however. We get to pay the whole thing. Just like the sales tax in America.

And health care here is not really free. I pay Alberta health care insurance fees each month. It is just not at the absurd levels found South of the border because yes, here it is subsidized through taxes.

I suspect a lot of the reason we pay more for motorcycle parts here in Canada has more to do with economy of scale and length of riding season.

I hurts to pay some of the price difference between what I can pay online and what I have to pay locally but think about what it could be like if your local store went out of business and you needed a tire the day before you were to leave on a trip.
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post #10 of 34 Old 09-26-2007, 07:54 PM
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Exclamation Not Quite

Quote:
Originally Posted by Colin View Post
In Canada the 6% GST(Goods and Services Tax) also can be remitted quarterly. So although it gets calculated when the goods are produced, it does not necessarily get paid then. The business gets a refund after expenses. The average joe/jill consumer does not however. We get to pay the whole thing. Just like the sales tax in America.
American businesses may pay sales tax quarterly, but they pay it on what they have sold during that quarter, which can be some time after when the goods were produced.

On the work I performed for a large fortune 100 manufacturing company here in the U.S., I know that the Canadian branches of the company paid taxes much sooner than the U.S. branches did and that the Canadian branches of the company had to apply to the Canadian government to get some of that money back, this being done after proof of expenses were submitted, as you have mentioned. I know this because I was coding the computer programs which calculated the tax.

Generally speaking, the Canadian government gets the money sooner from it's businesses, and makes them work harder to get the money back than the U.S. government does from U.S. corporations. Canada's more developed social programs benefit from these kinds of policies.

As for the health insurance premiums you pay, that may be so for you but there is no denying that the Canadian government contributes far more financially to the healthcare of it's working class citizens than the U.S. government does to it's working class citizens-with the only exceptions being Medicaid and Medicare, of course.

Is it possible that your health insurance premiums are a mere supplement, and that many other Canadian working class citizens get by without paying any health insurance premiums ?
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