Daily Archives: September 21, 2007

Dollars and Sense

Something historic happened Thursday, something the world hasn’t seen in more than 30 years. During trading Thursday, the Canadian dollar actually achieved parity with its U.S counterpart. For a brief time, $1 Cdn was equal to $1 US. It’s bad news for Canadian exporters and businesses that count on U.S. tourist revenue, but it’s a boon for businesses that import U.S. goods and other aspects of the Canadian economy.

But there’s a specific impact on those in the publishing business and those who sell books and periodicals. Unlike most goods, books, magazines and, yes, comics have retail prices printed right on the product, often with separate prices for U.S. sellers and Canadian ones, to account for the difference in the currencies. But that difference has faded as of late.

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