Well for those of you that dont look outside the US border, the Canadian dollar sank to a new low we aint seen in years today.
The thing you guys should take note of is that its now at a real discount for you to buy tools that are made in Canada like Lee Valley Veritas stuff.
I have not been watching the US LV site but given they manufacture in Canada and our market for their output has to be small by comparison to what foreign demand must be especially US demand, you guys should be seeing some real bargains for their tools that is if they using the exchange rate to their advantage. Its an exporters dream right now and add to that the price of steel is lowest in years I know i have client that has seen the price for scrap steel more than halve in last 12 months.
So keep an eye out. If something is listed at say $300 Canadian it should be costing you $200 US or less right now.
For ourselves i think we entering a baron tool buying period. All the imported stuff is going to be out of proportion to its value in my books. So i will be keeping my coin in my pocket for quiet some time sadly. Unfortunately wood will cost us more even if its local just like our beef we aint going to get a break just because we got a maple leaf in our hand. Think about it would you sell a cow for less than you can get in US dollars to a local in Canadian dollars....nope so the cost of our food is going up and up while oil goes down and down and our looney follows it like looney tunes down a rabbit hole. Its making me mad as a hatter because of the financial impact on me due to where i came from having a similar hernia. Oh well i never thought i would be able to retire after moving here, so what the heck its only paper.