Why is the Exchange Rate Important When Buying From Canada?
The exchange rate is important because it allows for the conversion of one country’s currency into that of another, thereby facilitating international trade for purchases of goods and services and/or transfer of funds between countries. It also allows price comparison of similar goods in different countries. In our case, it is the US dollar compared to the Canadian loonie.
In general, the price difference between similar goods determines which goods are traded and where they are shipped or sourced. Hence, the exchange rate is a significant factor influencing the competitiveness of Canadian products into the states.
Why Buy From Canada?
With the US dollar where is stands now, our American neighbors are in a great position to purchase from Canada. For Tamlin, this is great news for our house package division. Americans purchasing a house package from Canada can easily save 30 – 35% with the exchange rate! And on a house package that is $100,000, or more, there is unmatchable savings from our American competition. To the tune of $30,000 or more!
Plus Canada and the USA have the NAFTA (North American Free Trade Agreement) which allows for duty free importing from Canada into the USA. Tamlin has shipped to the USA lots over the last 37 years and we are very experienced in shipping house packages seamlessly into the States. It’s easier than you think, and we can take care of all the details for you, or walk you through the process.