By Eli Green
August 11, 2008 - 14:30
It was just less than I year ago that I wrote an article telling you that Canadian gamers were paying unfair prices for video games and consoles. This was because the Canadian Dollar had risen to parity with the American Dollar, but the pricing of those
However, it took quite some time for most manufacturers and retailers to finally make those price changes, compensating for the parity of the Canadian and American Dollars. Sony was the first of the three major manufacturers to cut their console and game prices, matching the Canadian pricing for their products to the American pricing, in mid-October of last year . By the end of 2007, most retailers in Canada had dropped the prices of all of their video games to match with the American pricing, making them all the more enticing. After all, gamers that were used to spending $59.99 or $69.99 for each game were now only had to spend $49.99 or $59.99 for each game. It was like a constant sale where everything was $10 off.
Along the way, a number of retailers dropped the price of the Nintendo DS to $139.99 and finally to parity with the American price of $129.99. Officially speaking though,
Recently though, in the past week, the Canadian economy has taken a bit of a dive, and the Canadian Dollar has dropped in value by seven cents to 93.64 cents American per Canadian Dollar. While I can't predict the future of our economy, one thing is clear.
We all remember how much effort it took for consumers to finally get retailers to change their pricing in the first place. I suggest you keep an even closer eye on them now, if the Dollar continues to drop. I guarantee they will not be as hesitant with hiking their prices back up as they were to bring them down. Their excuse for raising the prices will be the lower Canadian Dollar, of course, but they won't care to answer why it took so little time to implement the new, higher prices, especially when compared to the time it took for them to drop them in the first place.
My suggestion to Canadian gamers, buy the games you want now, while you can still get them for a fair price.