Funny enough, the Canadian dollar sits today (January 15, 2011) at $1.01 US, pinning our dollar as more valuable. In this instance, our retailers should be cutting prices. However, in the past 5 years, our prices have increased by upwards of 9% – not to mention that American retailers haven’t been as greedy as ours.
“The year of 2010 alone had a price hike of 2%”
It just goes to show that when you let a greedy, irresponsible government such as that of Stephen Harper’s Conservatives take power that we get worse off and we don’t get the value of our dollar… Michael Ignatieff has a point when he asks if we are better off after 5 years and uses the data from Statistics Canada to back himself up. Wait, didn’t Stephen Harper want to scrap that? Oh yeah… The yearly census… Who knew a piece of paper was that important? But the question now remains, will Michael Ignatieff be the right man to bring in the solutions? That is something to watch – especially with the keen attitude for a spring election on his part.
For now though, let us send a message to our greedy retail friends – not the poor cashiers, but their bosses. A clear message that states that we won’t be spending at their stores until they can compete with their American counterparts which can and offer deals that are at least 60% better than ours – in some cases, a difference of over $1000. Did Stephen Harper’s 2% cut to the GST fix that? Not at all.