Chris Brogden wrote:
>On Thu, 1 Feb 2001, Rodger Whitlock wrote:
>> One problem not mentioned so far: We Canadians labour under the
>> problem of a seriously devalued currency; between the exchange rate,
>> shipping fees, and taxes on imported goods (14% in BC), a bid for $1
>> US translates into a total payment of $2CDN more or less, so we must
>> be quite cautious in our bidding.
>Very true. And with banks buying at $1.48 and selling at $1.52
>(roughly) we lose out there, too.
>chris
And if you think using Canadian currency is difficult in Canada, try using
it down here in the States. Aarrrgh!! Rochester, NY, is just across the
lake from Toronto, but do you think they'll exchange Canadian coins at my US
bank?? No way! Paper is OK, but coins are not. On my last extended trip
to Ontario, I noticed an apparent shortage of bills in $1CDN denominations.
Came back with a pocket full of looneys I can't seem to get rid of anywhere.
I never remember having this problem when I lived in Buffalo, NY. Guess
I'll have to make a trip to Henry's and see if I can spend them.... :-)
Bill Peifer
Rochester, NY
(close to Buffalo, which as we all know is a suburb of Toronto, eh?)
Go Sabres!
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