No...but I sample that other "fine" product called
Seagrams VO, which I believe to be from our friends
The "Crown Royal" ain't too shabby either...
You folks drinking those "training" brews really ought
to try the good stuff from time to time.
Love their slogan:
But a real comparision is really Canadian vs US big name brews (i.e. Bud vs
Labatt's), or Canadian vs US micro brews. Comparing one countries big names
to another countries micro's is hardly fair.
The micros I've had on both sides of the border are quite comparable
and in general, excellent.
Comparing the majors, I much prefer Canadian beer. More flavor, for one.
Q: Why is American beer like making love in a canoe?
I noted that as well. In some fairness to LV, setting a price is
extremely difficult for an annual catalog business; you have to take
some guesses as to what the exchange rates will be for the whole year
and take some kind of weighted average (business is not the same the
whole year). Purely web businesses have it easier of course; they can
change prices daily.
Given that my experience with LV has them pegged at extremely honesty
and good service, I will give them a break this time and assume that
they believe that the C$ will go down (or american dollar up, either
way...) in the following months. I would like to hear from them though.
It could hurt them.
I rarely order from the US because of border hassles but some of the prices
right now make it downright enticing.
I spent a large chunk of my Christmas funds at Lee Valley last year without even
looking around much at all.
But right now I'm spending a lot of time at http://catalogs.google.com/ :)
So, let me get this straight; you're pissed that your the loon is worth more
BTW, you could use a US credit card and place order in US$ if you really
Come to think of it, my brother-in-law Jaques (In Montreal) had me order a
center-finding rule from them on my last order. I thought He just wanted to
save the shipping :-)
Robin has addressed this directly (I think) within the last year in this
forum. If you google it I'm sure it's there somewhere.
They set prices annually and take there lumps one way or another with the
exchange rates. I'm sure that they do not only have to be concerned with
US/CDN rates, but also the currencies of suppliers.
Such is life in a world economy.
Hi Stephen -
Thanks for the clear and correct explanation - yes - we set our rates in
June, and hold for a year...
Not only do we eat exchange differences, but cost increases from vendors -
and with the price of steel and fuel increasing, it's not insignificant.
The only "error" in your post is that Robert can't purchase from us in
Canadian dollars - the currency we trade in is based on the destination (or
point of delivery).
No. Since presumably most of LV's expenses are Cdn$. Perhaps this is overly
siplistic but if LV sets their prices based on a certain gross profit
margin, the Canadian Customer pricing stays "right-sized".
As the value of the loon increases, LV's margin on a US sale goes down.
Because LV is ultimately paid in Cdn funds; LV takes it in the shorts. Of
course if the Loon goes down LV gets a bonus.
The Canadian customer does not get "shafted". Perhaps they do not get the
same attractive pricing which is currently available to the US market, but
they are not paying a premium.
I just hope that the Loon does really well for the next couple months while
LV recalibrates their prices. Then when the pendulum swings back the other
way, I'll use my Wife's Cdn credit card for all of my LV purchases.
*God I love LV* so many ways to buy great stuff.
A lot of imported goods are priced and purchased in US currency, regardless
of the point of origin and the final destination. For example an engineer's
square made in India and shipped directly to Canada might be priced and paid
for in US dollars, even though no one in the US is involved in manufacturing
If the value of the Canadian dollar rises against the US dollar, Lee
Valley's inventory takes a hit from Canadian sales and a double hit from US
Lot's have tried - none have succeeded....
No one's "taking lumps"...well, besides us. American customers are getting a
deal .... as Canadian customers do when the exchange runs the other way...
Maybe a little 'free shipping' to sweeten the pot?<big smile>
As you probably know many companies offer free shipping at Christmas.
I take advantage of these free shipping offers especially from the big book
So we're taking a beating on exchange losses in the US, and offering free
shipping helps - how? <bigger smile>
We don't operate shipping as a profit center now (which means our current
shipping charges do not cover the cost of shipping, let alone
Fraid you're stuck with fixed, already competitive prices - and excellent
Best we can do....
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