High Canadian Dollar = SAVINGS!
The high Canadian dollar continues to have an impact on the economy. The other day I was listening to a program on CBC talking about this issue (very similar in content to the information in this article: http://www.cbc.ca/money/story/2007/08/06/flaherty-apec.html) and I began to get curious, so I did a little research on my own.
As I write this, the Canadian - US exchange rate is 1.07467 (that's about $1.08 Canadian for every US dollar, just to be clear). Now, on the back of an average mass market paperback, the US price is $7.99 while the Canadian price is $10.99. By my calculations, that works out to a differential of 1.3755.
Why the big difference? You've got me.
Therefore, to make things a little more reasonable, we are announcing that all mass market paperbacks in stock are now 20% off the cover price. Now, that $10.99 novel is only $8.79. It's not perfect, but it helps you take advantage of the high Canadian dollar.
To make this even more worthwhile we are continuing to bulk up this sale stock - new releases and backlist titles alike. Contact us with any questions.
I hope to see you all soon!
As I write this, the Canadian - US exchange rate is 1.07467 (that's about $1.08 Canadian for every US dollar, just to be clear). Now, on the back of an average mass market paperback, the US price is $7.99 while the Canadian price is $10.99. By my calculations, that works out to a differential of 1.3755.
Why the big difference? You've got me.
Therefore, to make things a little more reasonable, we are announcing that all mass market paperbacks in stock are now 20% off the cover price. Now, that $10.99 novel is only $8.79. It's not perfect, but it helps you take advantage of the high Canadian dollar.
To make this even more worthwhile we are continuing to bulk up this sale stock - new releases and backlist titles alike. Contact us with any questions.
I hope to see you all soon!
posted by Pennywise Books | 12:42 PM
2 Comments:
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Hi there,
Nice stuff you got, very interesting to read.
Well, I do have also in my sleeves, if you have time don't forget to visit
bookoftips.blogspot.com
Many thanks
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