In Canada, why are things more expensive than in the US?
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Because Canadian money is usually worth less than American money, so you need more Canadian dollars to buy the same thing.
Currently, 1 Canadian dollar = 0.859771 U.S. dollars
I’ve always been wondering that while i’ve been looking at books and stuff saying the prices in Canada and the US :P
Also, Canada has more and larger entitlement programs including health care so the government takes more of every dollar.
So do Canadians know they are being ripped off?
@Tink1113 hmmm…maybe
I know!! The prices for the are like…everywhere!
I don’t really feel that I’m being ripped off since health care is very important and is offered better here then in the States. Plus I am used to the prices being so high for everything. It is annoying that the prices are so different though. I always have to figure out the different amount of change for American tourists.
I agree that there is no ripoff. it is a trade off.
1. Higher taxes..we have the value added tax..GST. 2.Plus our population 1/10 of the US and thus our purchasing power not as robust. 3.With such a small population in such a spread out country (bigger than U.S) transportation costs are also prohibitive.
P.S. we run down to the States to shop if we are close to the border.
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