"Serious" <hatespam@nospam.com> wrote in message news:8126h3p8nbmhuii2j6u4hi4tvqho96pm4g@4ax.com... > Canadian retailers will cut prices as loonie surges, says mall > developer > > Ross Marowits, THE CANADIAN PRESS > > MONTREAL - A U.S. developer says his dream of building a rectractable > roof over one of Canada's newest and largest malls won't be undermined > by bargain hunters making a beeline to American stores. > > "It takes time for the market to adjust, but by the time we open two > years from now I don't think that's going to be a factor at all > because the market will have adjusted," Sheldon Gordon, chairman of > Gordon Group Holdings, told The Canadian Press. > > Gordon has partnered Rubin Stahl, the former president of West > Edmonton Mall, in a plan to build a 14-million square foot mixed use > complex near Montreal's failed Mirabel Airport. Another legacy of the Trudeau/Chretien/Lalonde Liberals and it cost hundreds of millions of dollars which added to the defecit and ppl were forced out of their homes for it. > > The $475 million initial Lac Mirabel project, originally slated to > open this year, will feature a 1.8-million-square-foot mall housing > 230 tenants, entertainment facilities, a sporting complex, three > hotels and 8,000 parking spaces. > > It will sit on two lakes, including one that will be used for skating > in the winter, and be surrounded by 2,000 new homes. > > Ultimately, a sustained level of dollar parity will force Canadian > retailers to lower their prices to prevent cross-border shopping from > gaining ground, he said. > > "If the Canadian dollar is still at par with the American dollar, it > will adjust as markets generally do. That's called capitalism." > > The march to lower prices in Canada has already started and should be > felt in time for Christmas, says John Winter, a retail analyst at John > Winter Associates. > > Retailers who are paying less for merchandise ordered for the holiday > shopping season should pass along savings from a higher Canadian > dollar to consumers, he said in an interview from Toronto. > > The rising value of the loonie has enraged many Canadians who can't > understand why prices remain so much cheaper in the U.S. > > Several automakers were recently slapped with a $2-billion class > action lawsuit on behalf of customers who allege the industry > conspired to artificially maintain car prices in Canada and inhibited > cross-border vehicle shopping. > > Winter called on the federal government to step in to allow Canadians > to pay lower U.S. prices on pre-price goods such as books, magazines > and greeting cards. > > An April survey in the Ontario border city of Windsor suggests fears > about cross-border shopping may be overblown. Just one per cent of > total household expenditures were made in Detroit, Winter said of his > survey of 600 Windsor households. Perhaps because Detroit is an urban war zone in comparison. Everyone I know who has gone to Detroit has a horror story. > > "I don't think moving two or three percentage points is going to have > an enormous effect," he said, adding that long waits at the border are > acting as a partial deterrent. > > The rising value of the loonie makes the Lac Mirabel project more > expensive, but could eventually generate stronger Canadian dollars > that U.S. investors can take home, Gordon said. > > Gordon, who built the Roman-styled Forum Shops at Caesars Palace in > Las Vegas, and The Pier at Caesars in Atlantic City, N.J., plans to > recreate a traditional Quebecois streetscape in his new creation. > > "It's going to have buildings that look indigenous to the area," he > said. "It's going to have cobblestones, very much like what I did in > Las Vegas, except it will have a Montreal feeling to it, rather than a > Roman feeling." > > Part of the mall will be covered with a $12 million retractable roof, > for which his company has a patent pending. Other parts of the > structure may be covered with roofing used at the Olympic Stadium in > Beijing. > > Success could allay concerns that some Montrealers have about > retractable roofs. The promise of a retractable roof at Montreal's > Olympic Stadium disappeared with successive technical deficiencies. > > The mall will feature the introduction to Canada of Cabela's, a > leading U.S. retailer devoted to the outdoors. The 170,000 square foot > store is expected to draw shoppers from Ottawa and Quebec City. > > Gordon said he expects the mall will attract Montrealers, residents of > rapidly expanding Laval and some of the four million people, including > American tourists, who head for cottage country. > > In addition to outdoor facilities for skating, fishing and > cross-country skiing, the development promises to have an aquarium, > indoor soccer field, 8,000 seat arena for major junior hockey, go-cart > track, butterfly and hummingbird sanctuary and amusement rides. > > "I wouldn't call it a theme park but it's not going to be like your > typical meat and potatoes mall, by any means," said Gordon. > > It also promises to be among the first malls in North America to earn > the LEEDS designation for its focus on the environment. The mall's > design will pay attention to energy, materials used, preserving trees > and water use. > > Although the development will be built in phases over several years, > some analysts question whether delays may have robbed it of taking > advantage of growing retail spending over the past five years. > > "Where we are right now in the real estate cycle, it just seems a > little bit late to the game," said one analyst who didn't want to be > identified. > > Some have questioned whether the Montreal region, with a population of > some 3.6 million, has the density to support such an endeavour. > > But Winter said shoppers will travel far if the mall's concept is > dramatically different and offers new anchors. > > "If you build something new, dynamic and exciting people will come > because it's the big malls that are getting the market share." > > He points to Vaughn Mills Mall, north of Toronto. The > one-million-square-foot facility's anchor tenant is Bass Pro, an > outdoors retailer. Ppl had the same concerns about West Edmonton Mall and it was a huge success.

"Dave Smith" <adavidsmith@sympatico.ca> wrote in message news:4713A906.A05E33E4@sympatico.ca... > Serious wrote: >> >> Canadian retailers will cut prices as loonie surges, says mall >> developer >> > > I have already started my personal boycott of magazines with different US > and Canadian prices. They used to be the same when our dollar was at par > and a over or little under the US dollar, but they started charging more > as the loonie dropped, and I could appreciate that there was a valid > reason > for it. They should have started adjusting it months ago. Now we are just > plain getting screwed. Me, I am boycotting amazon.ca - What a rip off, 42% more for the book I wanted. Wrote their abuse line too. What a wimpy response I got.

"Dave Smith" <adavidsmith@sympatico.ca> wrote in message news:47140176.D69E9277@sympatico.ca... > NewMan wrote: >> >> You're joking, right? >> >> Remember when the "GST" came in????? >> >> The Feds got rid of the HIDDEN 13% "FST", and replaced it with a MUCH >> LOWER 7% GST add-on! >> >> SO, by rights, all prices SHOULD have dropped by 6% IMMEDIATELY. The >> Federal Government has NO BALLS. The 6% price drop SHOULD have been >> mandated by LAW. But the Feds were too chicken-shit to do it. > > > No. The manufacturer's tax was applied on the value at the manufacture's > level. Then then stuff had to be transported to distributors or retailers, > each of which had a substantial mark-up. While the GST was a lower > percentage, it was applied on the marked up price. It was also applied to > restaurant meals, fuel, which was already taxed... and calculated on top > of > other taxes and royalties, and to services like hair cuts, dry cleaning, > transportation etc. which had not been previously taxed. Long winded way to say GST was a cash cow for the government.

is this van.forsale? where am i? cross posting bastards.

"NewMan" <CloakedRun2001@yahoo.ca> wrote in message > Like I said, retailers WILL gouge whenever they can get away with it. > When Canada went metric, there should have been anti-gouging consumer > protection laws in place, and a 1-800-RAT-FINK number to report > retailers who were gouging. But no, there were NO such consumer > protection laws. We protect the little guy, eh? True but the little guy is not always bad. Seems like meat prices are up at the big chain grocery store too. So I started to shop around. Found a place that sells 8kg of the best bacon you ever had for prices about 1/2 the brand names stores. Wrapped and froze it. Picked up sausages too. Does not stick or boil either, they actually fry nicely. Very lean. A country butcher. Ordered a side of beef yesterday. This place was so busy, while I was there with a friend that said the bacon was a must have. I noticed they rolled out 2 sides of beef and 2 "family packs" in 20 minutes. All pre-wrapped and frozen. Be sharp, shop around.

I recall yrs ago that lots of Americans complained that Cdn businesses didn't give them a fair exchange rate. -- Read and obey the Bible. Yu'shua died on the cross for our sins, He rose again and walked the earth. We are awaiting the Third Coming aka The Day Of Judgment. Sheep are extremely fluffy. "NewMan" <CloakedRun2001@yahoo.ca> wrote in message news:c0q7h3huftpvkf8n265qrbbur3lbl2nahi@4ax.com... > You're joking, right? > > Remember when the "GST" came in????? > > The Feds got rid of the HIDDEN 13% "FST", and replaced it with a MUCH > LOWER 7% GST add-on! > > SO, by rights, all prices SHOULD have dropped by 6% IMMEDIATELY. The > Federal Government has NO BALLS. The 6% price drop SHOULD have been > mandated by LAW. But the Feds were too chicken-shit to do it. > > So..... > > "Retailers" just sucked up a quiet and tidy little 6% PRICE INCREASE, > and screwed the consumer in the process. And the Feds LOVED IT because > the higher the price, the more tax revenue they rake in! Even Mr > Creitien - who promised to "abolish the GST!" (he lied) did not do it > because it was way too much of a cash cow! > > The government does not care what happens to the people as long as > they can extract huge tax dollars to line their own pockets. And the > Retailers will gouge you every single chance they get. My brother > says, and rightly so, that things are so expensive because of "the > high cost of profit". I agree. There is a appropriate amount of > profit, and then there is what is going on now - obscene gouging. > > Even the Yanks are still screwing Canadians south of the border by > trying to dtill discount our money to 60% of face value. > > I avoid such problems - I convert my money to US$ before I leave. This > nips the problem in the bud. The US has - for 30 years - screwed > Canadains when exchanging currency. They have loved coming up here and > throwing their weight around. Now that the tables are turned, suddenly > they don't like it. Tough. Suck it up! We had to. > > And as for retailers... I would not mind the higher prices if it > actually ment FULL TIME work and company paid benfits for their staff! > But the high prices are diverted strictly into profit for the owner, > while staff are hired and fired via the HR rovolving door for part > time work, minimum hours, minimum wage and a "if you don't like it - > leave!" attitude. > > I know this is not the case with all shops, but it IS the case in far > too many. > > I predict that, just as before, when the prices should be going down, > the retailers will merely pocket the extra. Then, when the Canadian > dollar falls again - and it will - they will cry the blues, and say > that they have "no choice" but to raise prices! > > Yes Mr. & Mrs. Consumer - grab your ankles! You are about to get > screwed at least twice in the next few years! > > On Mon, 15 Oct 2007 06:27:28 GMT, Serious <hatespam@nospam.com> wrote: > >>Canadian retailers will cut prices as loonie surges, says mall >>developer >> >>Ross Marowits, THE CANADIAN PRESS >> >>MONTREAL - A U.S. developer says his dream of building a rectractable >>roof over one of Canada's newest and largest malls won't be undermined >>by bargain hunters making a beeline to American stores. >> >>"It takes time for the market to adjust, but by the time we open two >>years from now I don't think that's going to be a factor at all >>because the market will have adjusted," Sheldon Gordon, chairman of >>Gordon Group Holdings, told The Canadian Press. >> >>Gordon has partnered Rubin Stahl, the former president of West >>Edmonton Mall, in a plan to build a 14-million square foot mixed use >>complex near Montreal's failed Mirabel Airport. >> >>The $475 million initial Lac Mirabel project, originally slated to >>open this year, will feature a 1.8-million-square-foot mall housing >>230 tenants, entertainment facilities, a sporting complex, three >>hotels and 8,000 parking spaces. >> >>It will sit on two lakes, including one that will be used for skating >>in the winter, and be surrounded by 2,000 new homes. >> >>Ultimately, a sustained level of dollar parity will force Canadian >>retailers to lower their prices to prevent cross-border shopping from >>gaining ground, he said. >> >>"If the Canadian dollar is still at par with the American dollar, it >>will adjust as markets generally do. That's called capitalism." >> >>The march to lower prices in Canada has already started and should be >>felt in time for Christmas, says John Winter, a retail analyst at John >>Winter Associates. >> >>Retailers who are paying less for merchandise ordered for the holiday >>shopping season should pass along savings from a higher Canadian >>dollar to consumers, he said in an interview from Toronto. >> >>The rising value of the loonie has enraged many Canadians who can't >>understand why prices remain so much cheaper in the U.S. >> >>Several automakers were recently slapped with a $2-billion class >>action lawsuit on behalf of customers who allege the industry >>conspired to artificially maintain car prices in Canada and inhibited >>cross-border vehicle shopping. >> >>Winter called on the federal government to step in to allow Canadians >>to pay lower U.S. prices on pre-price goods such as books, magazines >>and greeting cards. >> >>An April survey in the Ontario border city of Windsor suggests fears >>about cross-border shopping may be overblown. Just one per cent of >>total household expenditures were made in Detroit, Winter said of his >>survey of 600 Windsor households. >> >>"I don't think moving two or three percentage points is going to have >>an enormous effect," he said, adding that long waits at the border are >>acting as a partial deterrent. >> >>The rising value of the loonie makes the Lac Mirabel project more >>expensive, but could eventually generate stronger Canadian dollars >>that U.S. investors can take home, Gordon said. >> >>Gordon, who built the Roman-styled Forum Shops at Caesars Palace in >>Las Vegas, and The Pier at Caesars in Atlantic City, N.J., plans to >>recreate a traditional Quebecois streetscape in his new creation. >> >>"It's going to have buildings that look indigenous to the area," he >>said. "It's going to have cobblestones, very much like what I did in >>Las Vegas, except it will have a Montreal feeling to it, rather than a >>Roman feeling." >> >>Part of the mall will be covered with a $12 million retractable roof, >>for which his company has a patent pending. Other parts of the >>structure may be covered with roofing used at the Olympic Stadium in >>Beijing. >> >>Success could allay concerns that some Montrealers have about >>retractable roofs. The promise of a retractable roof at Montreal's >>Olympic Stadium disappeared with successive technical deficiencies. >> >>The mall will feature the introduction to Canada of Cabela's, a >>leading U.S. retailer devoted to the outdoors. The 170,000 square foot >>store is expected to draw shoppers from Ottawa and Quebec City. >> >>Gordon said he expects the mall will attract Montrealers, residents of >>rapidly expanding Laval and some of the four million people, including >>American tourists, who head for cottage country. >> >>In addition to outdoor facilities for skating, fishing and >>cross-country skiing, the development promises to have an aquarium, >>indoor soccer field, 8,000 seat arena for major junior hockey, go-cart >>track, butterfly and hummingbird sanctuary and amusement rides. >> >>"I wouldn't call it a theme park but it's not going to be like your >>typical meat and potatoes mall, by any means," said Gordon. >> >>It also promises to be among the first malls in North America to earn >>the LEEDS designation for its focus on the environment. The mall's >>design will pay attention to energy, materials used, preserving trees >>and water use. >> >>Although the development will be built in phases over several years, >>some analysts question whether delays may have robbed it of taking >>advantage of growing retail spending over the past five years. >> >>"Where we are right now in the real estate cycle, it just seems a >>little bit late to the game," said one analyst who didn't want to be >>identified. >> >>Some have questioned whether the Montreal region, with a population of >>some 3.6 million, has the density to support such an endeavour. >> >>But Winter said shoppers will travel far if the mall's concept is >>dramatically different and offers new anchors. >> >>"If you build something new, dynamic and exciting people will come >>because it's the big malls that are getting the market share." >> >>He points to Vaughn Mills Mall, north of Toronto. The >>one-million-square-foot facility's anchor tenant is Bass Pro, an >>outdoors retailer. >

My guess is a lot of corner stores will start giving out American coins in change. -- Read and obey the Bible. Yu'shua died on the cross for our sins, He rose again and walked the earth. We are awaiting the Third Coming aka The Day Of Judgment. Sheep are extremely fluffy. "NewMan" <CloakedRun2001@yahoo.ca> wrote in message news:d2i9h3hc5nfe4svb5jr4pv8e5nld7ovh40@4ax.com... >I do recall that when the American Dollar was worth, say $1.12, the > stores were giving $1.06 to $1.10. Ya know what? The CDN Banks do the > same! if the Dollar is worth $1.00, then the bank will say "We Buy for > $0.96 and Sell for $1.04"! That is the price you pay for service and > profit. In that case the merchant is doing you a favour since they are > NOT a "bank". This is what most Americans seemed to complain about - > at least th ones I saw. That is not gouging by any stretch of the > imagination. > > Back when the exchange rate was 15% in favour of the Yanks I was in > Seattle. The Americans like to "discount" canadian money to get US$. > Fair enough. Well at 15% the "discount" rate (at prime) should have > made the CDN$ worth approximately $0.87 US$. I ran out of US$, and > went to a US Bank. Even with "profit" factored in, I should have been > discounted to no more than about $0.82. The bank was trying to > discount to $0,77!!! I told them they were gouging, and they said "I'm > sorry, that is our rate." I told them, quite literally to "Stick it", > and I walked. I knew what Mastercard and Visa were charging, and it > was a whole lots less than the US Banks. The message from the US > financial institutions was clear from my perspective "We don't want > your business.". > > I have NEVER tried since to deal with the rip-off US Banks. I just > carry ebough US$ with me or use my Credit Cards. > > I have no problem with merchants in the US being FAIR. SO if the CDN$ > is "worth" $1.02, and they want to exchange at $0,97, then that is > fair. But many are still, apparently, gouging and trying to rip-off > buyers by attempting to discount to as low as $0.65! Talk about being > sore losers. > > Buyer beware. > > On Tue, 16 Oct 2007 07:53:31 GMT, "Greg Carr" <gregpcarr@yahoo.ca> > wrote: > >>I recall yrs ago that lots of Americans complained that Cdn businesses >>didn't give them a fair exchange rate. >

Yes it is though I have heard of a few places that run two tills one for each currency. -- Read and obey the Bible. Yu'shua died on the cross for our sins, He rose again and walked the earth. We are awaiting the Third Coming aka The Day Of Judgment. Sheep are extremely fluffy. "Dave Smith" <adavidsmith@sympatico.ca> wrote in message news:4714EB25.9559493E@sympatico.ca... > Greg Carr wrote: >> >> I recall yrs ago that lots of Americans complained that Cdn businesses >> didn't give them a fair exchange rate. > > A few years ago I was in a bakery in Niagara on the Lake where some > American customers who were not upset about the exchange rate but insisted > that they get their change in American funds. The usual practice is to > give > the exchange rate on the money tendered and change in local currency.

In article <d2i9h3hc5nfe4svb5jr4pv8e5nld7ovh40@4ax.com>, NewMan <CloakedRun2001@yahoo.ca> wrote: > I have NEVER tried since to deal with the rip-off US Banks. I just > carry ebough US$ with me or use my Credit Cards. I've been doing that for years. I also use my debit card to draw from my bank, but only large amounts because of the large service charge. Finding a US bank that will exchange CDN$s can be a problem! > > I have no problem with merchants in the US being FAIR. SO if the CDN$ > is "worth" $1.02, and they want to exchange at $0,97, then that is > fair. But many are still, apparently, gouging and trying to rip-off > buyers by attempting to discount to as low as $0.65! Talk about being > sore losers. Businesses on both sides of the border are slow to adjust to the rapid exchange rate change. > > Buyer beware. As always and go on strike against goods, particularly car manufacturers, who are ripping off Canadians.

"Just Facts" <Jfact@intnet.wrld> wrote in message news:Jfact-3758E2.12504917102007@news.telus.net... > In article <d2i9h3hc5nfe4svb5jr4pv8e5nld7ovh40@4ax.com>, > NewMan <CloakedRun2001@yahoo.ca> wrote: > >> I have NEVER tried since to deal with the rip-off US Banks. I just >> carry ebough US$ with me or use my Credit Cards. > I've been doing that for years. I also use my debit card to draw from > my bank, but only large amounts because of the large service charge. > Finding a US bank that will exchange CDN$s can be a problem! I've had the same problem. >> >> I have no problem with merchants in the US being FAIR. SO if the CDN$ >> is "worth" $1.02, and they want to exchange at $0,97, then that is >> fair. But many are still, apparently, gouging and trying to rip-off >> buyers by attempting to discount to as low as $0.65! Talk about being >> sore losers. > Businesses on both sides of the border are slow to adjust to the rapid > exchange rate change. We will be getting a lot more American coins with are change. >> >> Buyer beware. > As always and go on strike against goods, particularly car > manufacturers, who are ripping off Canadians. No wonder many of the automakers are having problems.