Now that the Canadian dollar is hovering around par with the US greenback again, we will likely be hearing plenty of complaints about the fact that things still cost more here in Canada than they do in the US, even though our dollar is worth the same or even more.
It seems to me that nothing illustrates that complaint better than comparing the cost of the same automobile on both sides of the border. Canadian consumers have been suffering for a number of years from new car prices that seem to ignore the comparative value of our dollar. As a result, used car dealerships and individual consumers have been importing vehicles from the US in record numbers over the past few years as the Canadian dollar has continued to strengthen.
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