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Forums - Sony - Canadian PS4 now 450$ ??

Akiran on 18 March 2014
NavyNut said:
According to what MS are saying they have no plan on raising the price of the xbone in Canada.

Last paragraph ;)

http://www.theverge.com/2014/3/16/5512698/sony-is-increasing-the-price-of-the-playstation-4-in-canada

That's pretty good, not that i'd ever buy one but it's still nice that they won't raise the price



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Why can't I hold all these no gaemz?

Always looking to improve my awful drawings ;_; 

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Wighead on 18 March 2014
Akiran said:
Mr Khan said:
That's interesting. Why the decline in the CAD?

The Bank of Canada decided to drop the dollar by 10 cents to keep its key interest rate steady, yet try to lower inflation. Thats what I see from articles I look up
http://www.ctvnews.ca/business/canadian-dollar-drops-half-a-cent-after-bank-of-canada-rate-decision-1.1648644

The Bank of Canada connot fix the exange rates of the currency as it is speculation that affects its value. The drop as to do with the american dollar going up, our interest rates staying low (due to the Bank of Canada) and primary ressources being sold below expectations due to a low chinese economic activity (they buy lots of our primary resources).



Akiran on 18 March 2014
Wighead said:
Akiran said:
Mr Khan said:
That's interesting. Why the decline in the CAD?

The Bank of Canada decided to drop the dollar by 10 cents to keep its key interest rate steady, yet try to lower inflation. Thats what I see from articles I look up
http://www.ctvnews.ca/business/canadian-dollar-drops-half-a-cent-after-bank-of-canada-rate-decision-1.1648644

The Bank of Canada connot fix the exange rates of the currency as it is speculation that affects its value. The drop as to do with the american dollar going up, our interest rates staying low (due to the Bank of Canada) and primary ressources being sold below expectations due to a low chinese economic activity (they buy lots of our primary resources).

Thanks for telling me, not entirely sure how it all works



Squeezol's Fanclub Member? is that how it works?

Why can't I hold all these no gaemz?

Always looking to improve my awful drawings ;_; 

playnbox on 18 March 2014

got mine for $399 as well lol



Wighead on 18 March 2014
Mr Khan said:
Akiran said:
Mr Khan said:
That's interesting. Why the decline in the CAD?

The Bank of Canada decided to drop the dollar by 10 cents to keep its key interest rate steady, yet try to lower inflation. Thats what I see from articles I look up
http://www.ctvnews.ca/business/canadian-dollar-drops-half-a-cent-after-bank-of-canada-rate-decision-1.1648644

Good on them to not try to strangle growth with a higher interest rate, though i fail to see where inflation is a problem anywhere in the West right now.

People are still having a hard time paying their bill on time, so inflation would be really really bad in that situation since it would mean more people filing for bankruptcy.



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Zelhawks37 on 18 March 2014

No excuse here. This is a stupid decision by Sony. Raising the price of a console is unheard of.



Estelle and Adol... best characters ever! XD

MoHasanie on 18 March 2014
Zelhawks37 said:
No excuse here. This is a stupid decision by Sony. Raising the price of a console is unheard of.

The poor company is struggling to survive. They need to do everything they can to make money. Besides, selling the PS4 at the old price might have been losing them money. 



    

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Wighead on 18 March 2014
MoHasanie said:
North America needs a single currency. Canada and the US are both each others largest trading partners so it makes sense to do so. Also Mexico is USA's third largest trade partner. This can eliminate the problems caused by currency fluctuations.

As an exporting country, Canada is better off with a lower CAD than USD, since it means they will buy our cheaper products/ressources. What was abnormal was the CAD being over the USD, not good for our manufacturers. Now that said, it wouldn't be good also if it was to go under the 90 cents bar, since we still have to import stuff. I would not like to give the US goverment or its Federal reserve bank the power play in our economy. I don't think that the american banking system is trustworthy enough for a single currency. I rather keep the canadian goverment and authorities in charge of that department. I also think that all the US security laws in the transport department has hurt more our exanges at the borders than the currency fluctuations...



Wighead on 18 March 2014

Does someone know where the PS4 is manufactured? It could explain the change in price. Before saying its because of the USD, we should check if its manufactured there... If not then it because of the CAD vs YEN, not USD vs CAD.



Zelhawks37 on 18 March 2014
MoHasanie said:
Zelhawks37 said:
No excuse here. This is a stupid decision by Sony. Raising the price of a console is unheard of.

The poor company is struggling to survive. They need to do everything they can to make money. Besides, selling the PS4 at the old price might have been losing them money. 

That won't help at all since it is a higher currency than everywhere else. If anything, it hurts Sony.



Estelle and Adol... best characters ever! XD