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Forums - Gaming Discussion - Video Game Prices in Canada. Being Raised Again?

First things first: The Canadian Dollar blows right now. That is the reason why we pay $50 more for a console, and $10 more for a game than our American friends (don't say we pay the same amount due to exchange rates; our wages haven't been raised since the Dollar's drop). I also realize that there are several users here who would kill to pay the same price as a Canadian, as they have it  much worse than us (et tu, Brazil?). With all that aside, I'll jump into it.

I am disappointed to announce that video game prices are rising here in the Great White North, yet again. Well, at least they appear to be at retailers. Star Wars Battlefront is $79.99 right now at retailers like Best Buy and ebgames (while being $59.99 in the USA). Metal Gear Solid V, and other titles such as Rainbow Six Siege etc, are listed at $74.99 on current gen platforms; $10 less on last gen. And yet the pricing seems indiscriminate: Arkham Knight and The Witcher 3 are at $69.99. Does this mean that prices drop closer to release? Not really, because Uncharted 4 is priced at $69.99 (although that could be a placeholder price) while Omega Quintet, which comes out in 10 days is priced at $74.99. So are these just deals by the retailer? Are they pushing up the prices of some games for no reason? All these games are set at $59.99 down south (search any title I have listed), and more importantly, all are at $69.99 on the Canadian PlayStation store. If you want more to chew on, Wii U is no different. Rodea Sky Soldier is $74.99, Splatoon is $69.99, and Xenoblade X/Zelda U are listed at $64.99. My question is: what gives?

Are prices actually being raised that high? Another $5-$10 on top of what has already been raised? And why is the pricing seemingly indiscriminate at retailers yet level across digital stores? Any explanation would be nice.



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ReimTime said:

First things first: The Canadian Dollar blows right now. That is the reason why we pay $50 more for a console, and $10 more for a game than our American friends (don't say we pay the same amount due to exchange rates; our wages haven't been raised since the Dollar's drop). I also realize that there are several users here who would kill to pay the same price as a Canadian, as they have it  much worse than us (et tu, Brazil?). With all that aside, I'll jump into it.

I am disappointed to announce that video game prices are rising here in the Great White North, yet again. Well, at least they appear to be at retailers. Star Wars Battlefront is $79.99 right now at retailers like Best Buy and ebgames (while being $59.99 in the USA). Metal Gear Solid V, and other titles such as Rainbow Six Siege etc, are listed at $74.99 on current gen platforms; $10 less on last gen. And yet the pricing seems indiscriminate: Arkham Knight and The Witcher 3 are at $69.99. Does this mean that prices drop closer to release? Not really, because Uncharted 4 is priced at $69.99 (although that could be a placeholder price) while Omega Quintet, which comes out in 10 days is priced at $74.99. So are these just deals by the retailer? Are they pushing up the prices of some games for no reason? All these games are set at $59.99 down south (search any title I have listed), and more importantly, all are at $69.99 on the Canadian PlayStation store. If you want more to chew on, Wii U is no different. Rodea Sky Soldier is $74.99, Splatoon is $69.99, and Xenoblade X/Zelda U are listed at $64.99. My question is: what gives?

Are prices actually being raised that high? Another $5-$10 on top of what has already been raised? And why is the pricing seemingly indiscriminate at retailers yet level across digital stores? Any explanation would be nice.


It's the exchange rate.  Your dollar is worth less than theirs, so you have to spend more of them to equal out.  Your wages don't have much to do with the strength or weakness of the dollar, though.  That's more to do with the cost of living and inflation rates within your country.  As for being level across digital stores, they probably list the prices in American and your bank calculates the exchange rate for the transaction.  



Our money blows. This has cause me to not buy games at launch and wait until it gets cheap. The only exception are collectors edition as they may become harder to get some time after launch.

So glad I bought a Dualshock 4 controller the other day because I just saw it jumped up another $10 to $75!!



Sux. Thanks for the updates. Another reason I probably won't get Battlefront. I'm a bit backlogged anyway.



Urghh... Sighh... Looks like I will be buying less and less games then



                  

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SuaveSocialist said:


It's the exchange rate.  Your dollar is worth less than theirs, so you have to spend more of them to equal out.  Your wages don't have much to do with the strength or weakness of the dollar, though.  That's more to do with the cost of living and inflation rates within your country.  As for being level across digital stores, they probably list the prices in American and your bank calculates the exchange rate for the transaction.  


If that were the case it would make more sense, but it isn't. Then again I don't have an alternative theory to counter your point. Maybe for once the cost of production and shipping in Canada has finally caused a price raise that outpaced the need for parity between digital and physical retailers. In the UK, their digital games are usually 10 pounds more, but in Canada, they are starting to become $10 less. We also save the 13% tax if we go digital. And I'm not sure why the price of games is increasing another $10.

I also have a correction to make in regards to the wage part. Apparently our wages have been outpacing inflation as of late, but no one has seen a 33% wage increase to match the increase of games price. Which really is a moot point since I don't spend all my money on games; but I included it to show that we do in fact pay more than Americans, regardless of exchange rate. Correct me if I'm wrong. I could be completely daft about that point. It wasn't really the main point of my post though haha



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ReimTime said:
SuaveSocialist said:


It's the exchange rate.  Your dollar is worth less than theirs, so you have to spend more of them to equal out.  Your wages don't have much to do with the strength or weakness of the dollar, though.  That's more to do with the cost of living and inflation rates within your country.  As for being level across digital stores, they probably list the prices in American and your bank calculates the exchange rate for the transaction.  


If that were the case it would make more sense, but it isn't. Then again I don't have an alternative theory to counter your point. Maybe for once the cost of production and shipping in Canada has finally caused a price raise that outpaced the need for parity between digital and physical retailers. In the UK, their digital games are usually 10 pounds more, but in Canada, they are starting to become $10 less. We also save the 13% tax if we go digital. And I'm not sure why the price of games is increasing another $10.

I also have a correction to make in regards to the wage part. Apparently our wages have been outpacing inflation as of late, but no one has seen a 33% wage increase to match the increase of games price. Which really is a moot point since I don't spend all my money on games; but I included it to show that we do in fact pay more than Americans, regardless of exchange rate. Correct me if I'm wrong. I could be completely daft about that point. It wasn't really the main point of my post though haha


Then I really don't know what's going on with the prices in digital stores.  That was my best guess.

Well, the way I understand exhange rates, if the Canadian dollar was worth only half an American one, it would cost twice as much for you guys to purchase American products, while they'd only have to pay half for Canadian ones.  If the dollar's doing badly, you'd have to pay more than an American would.  That being said, your dollar looks only to be 18% lower than theirs, so the prices do appear higher than they ought to be even with the exchange rate working against you.  And I have no idea why.  It makes sense for the prices to go up, but not to go up as much as they have.  Maybe it is time to call shenanigans.



$79.99? About as much as us Aussies. Not quite, but close.



SuaveSocialist said:
ReimTime said:


If that were the case it would make more sense, but it isn't. Then again I don't have an alternative theory to counter your point. Maybe for once the cost of production and shipping in Canada has finally caused a price raise that outpaced the need for parity between digital and physical retailers. In the UK, their digital games are usually 10 pounds more, but in Canada, they are starting to become $10 less. We also save the 13% tax if we go digital. And I'm not sure why the price of games is increasing another $10.

I also have a correction to make in regards to the wage part. Apparently our wages have been outpacing inflation as of late, but no one has seen a 33% wage increase to match the increase of games price. Which really is a moot point since I don't spend all my money on games; but I included it to show that we do in fact pay more than Americans, regardless of exchange rate. Correct me if I'm wrong. I could be completely daft about that point. It wasn't really the main point of my post though haha


Then I really don't know what's going on with the prices in digital stores.  That was my best guess.

Well, the way I understand exhange rates, if the Canadian dollar was worth only half an American one, it would cost twice as much for you guys to purchase American products, while they'd only have to pay half for Canadian ones.  If the dollar's doing badly, you'd have to pay more than an American would.  That being said, your dollar looks only to be 18% lower than theirs, so the prices do appear higher than they ought to be even with the exchange rate working against you.  And I have no idea why.  It makes sense for the prices to go up, but not to go up as much as they have.  Maybe it is time to call shenanigans.


Yea I don't get it either. 33% price increase when it should be 18% according to dollar. I guess factors such as shipping and such are ivolved, but I was under the impression that physical and digital retailers called for a parity



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ironmanDX said:
$79.99? About as much as us Aussies. Not quite, but close.


Yea it sucks



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