#1 out of 6
shopping1d ago
How doing your holiday shopping in Canada could save you a few bucks
- Americans can save money shopping in Canada when the exchange rate favors Canadian prices, appealing to cross-border shoppers.
- Experts say tolls and currency conversion fees must be considered to determine true savings for U.S. shoppers.
- Store managers report rising American customers at Windsor malls who compare Canadian prices to U.S. prices.
- Some buyers notice significant savings on items like tights when Canadian prices align with U.S. prices.
- University economist notes the need to consider multiple factors beyond sticker price when calculating savings.
- Current exchange rate can vary daily, influencing how much U.S. shoppers ultimately save.
- Retailers emphasize that promotional pricing is not the sole determinant of savings for cross-border shoppers.
- Cross-border shopping patterns show Americans crossing into Canada for deals around holiday shopping.
- The piece notes both direct price savings and the practical limits of those savings at the border.
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