Roadydad
Senior Member
The Canadian dollar is weak compared to the U.S. dollar. Distributers importing, say for fun, a $1 cymbal, will have to pay almost $1.25 Cdn. just for the exchange rate.
Form what I've heard the industry is not strong right now, the economy is not great up here, some distributers and stores, are resisting raising prices. But eventually, the exchange eats up their profit margin, and the prices go up.
It's going to be a tough Christmas for some.
I'm am NOT an economist, so don't slag me please. I'm going by what I've heard from a store owner.
Form what I've heard the industry is not strong right now, the economy is not great up here, some distributers and stores, are resisting raising prices. But eventually, the exchange eats up their profit margin, and the prices go up.
It's going to be a tough Christmas for some.
I'm am NOT an economist, so don't slag me please. I'm going by what I've heard from a store owner.