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Acevil said:

I took the leap forward, because I could see price cut happening, to $250 and that doing nothing to CAD Price. Calling it market forecasting on my end, it worked for me with the PS4, where it was cheaper to buy day 1 than it was day 364. 

Unfortunately, I think this is exactly what will happen. I was thinking of trying to get a Switch over the summer, even though the first game I want for it is Mario Odyssey, in order to eliminate the possibility of a $500 Switch by the end of the year.

Also OT, there will definitely be a price cut in the holidays unless Switch sales are really high.