why is clearly canadian so expensivewhy is clearly canadian so expensive

If a person is 35 and thinks they will stay in their home for the next 60 years, paying $700,000 for it seems reasonable. Part of being a Canadian along with telling each other at dinner parties how compassionate and lucky we are involves gazing at computer screens, morosely taking in the dazzling choice and competition-driven prices in the American consumer marketplace. Real estate investors get involved in a real estate market because they want to make money. In Canada and in the United States, governments force merchants to work as tax collectors, charging sales tax and remitting it to state treasuries. The American de minimis is $800 US, which gives American consumers the right to import pretty much whatever they please from anywhere. This means that insulation and systems within the home are going to be essential. Low interest rates are something that many countries are experiencing at this time. In 2013, a movement began online to bring back the beloved drink. HDMI Cables WebMuch of Ontario's rising electricity costs are due to ill-advised and expensive government-mandated feed-in tariffs for wind power and other expensive types of electricity. No not much gets thru to the govt except scandal in the news media. According to the UCLA analysis, Warby Parker was still able to maintain a profit margin while charging approximately $125 Cdnless than Luxottica through working directly with lens and frame suppliers and avoiding the licensing costs that come with the brand names offered by the competing eyewear giant (such as Prada). Our US cousins (2) pay more than $3200 US a month for healthcare. If you are thinking of purchasing a home in Canada, be prepared for it to be expensive. But of course, high tax rates and inflation can put a strain on people who have low-income jobs. Still, the booze and gas is still significantly lower in the US. Or maybe it costs more to ship the goods to Canada. For those looking to stay, the market inventory at their new price level needs to be considered. We believe that part of the enjoyment of drinking Clearly Canadian is knowing that it comes in a glass bottle. Rise in duty-free allowance could cost hundreds of thousands of jobs: study, Canada's scorn of Donald Trump's protectionism stinks of hypocrisy: Neil Macdonald. Yes, it is true that Canadian e-tailers can ship tax- and duty-free to, say, a customer in New York City, whereas brick-and-mortar retailers there must charge both state and city sales tax on purchases made in their stores. When there is not much job security and higher unemployment, people like the fact that a rental can always be changed or even shared with friends. Prescription eyeglasses can range anywhere from the mid-$200s to more than $1000 a pair in Canada. Another problem with investors is that they go into these homes that would potentially need a bit of work, clean them up, and then flip them for a high profit. Electronics etc. Just wondering. In summer, hunters need boats with motors, fuel, nets, gun and bullets. It is the seat of the Kenora District. This is the big one. Now, though, it's in your face every time you Google a price for something you need: consumer life on the other side of that high border customs wall, the one topped with the Canadian-installed concertina wire and guarded by ferocious uniformed tax collectors, has the unattainable allure of the Tuscan countryside. According to the experts, the wildfires in some parts of Canada have started to generate their personalized weather systems. Most people dont think about this when they purchase a home. The Posthaste newsletter has all the breaking business news and market signals you need, The Posthaste newsletter the business news you need. With a history as a golf professional, real estate agent and business owner, Britt has a wide range of experience and knowledge in a variety of topics. Those fees end up going to the city if a developer goes to apply for a building permit, and are then sent over to the buyer in the end price. One of the main selling points for real estate is location. The Cost of Livingreached out to EssilorLuxottica, as well as representatives with subsidiary companies for comment and did not receive a reply. Audience Relations, CBC P.O. But what counts as "legitimate pricing"? Britt Olizarowicz is a freelance writer, author and mother of two young children. Because Canada. Apart from this, any major calamity impacts agriculture directly. However, this concept and theory are changing a bit. I love Canada and love being here, I just feel the big difference from here and in the states is that people in the states arent afraid to voice their opinions and pressure (sometimes threaten) politicians if they even hint a tax increase is on the horizon. We ask you to keep your comments relevant and respectful. It will be some time before we know why Canadas housing market prices are moving faster than those in the U.S. Ive just spent 6 months traveling around the USA and found that there are huge differences in food costs particularly in the price of wine. For many years, people from Canada or even the Northern United States would migrate south to the warmer weather as they got older. Specifically, I believe that the price gap is largely based on U.S. retailers analyzing the Canadian market and pricing UP TO the market. I could go on and on but the saving average 30%. Who isn't sick of the yo-yo value of our dollar? Britt thoroughly enjoys educating and sharing information with readers. Stinks that you guys have to pay more. With a rental, you can usually leave to find a cheaper one. 2023 Fraser Institute. Housing markets reached new heights in 2020, and Canadas housing prices have grown faster than those in the United States, though they once used to routinely march in step. Perhaps the middleman is subject to higher property taxes in one Canadian city vis-a-vis its competitor south of the border. We reserve the right to close comments at any time. The health plan I had through my employer in the States was hands down, better than the coverage I get up here. For more information about this section, please read thiseditor'sblogandourFAQ. That is to say it is back in production. Hence, as a whole, the cost of living is increasing. That gap, says the study, would grow to a bankrupting 25 per cent if the de minimis were to be raised. Read more at: http://maplemoney.com/legal/. What makes their water so great is the way it's bottled- at the source, in the pristine and protected Canadian wilderness. Jennifer Chauhan is a staff writer at Canadian Finance Blog who considers the softer side of personal finance. Or are businesses raking in more profits than in the US? When we make a trip down we pick up gas, stop at Costco, Walmart etc. It's awfully easy to take that view; I just did, didn't I? I guess I have a different view of prices living in Sault Ste Marie with close US access. Having to move as an older person can be stressful and ultimately not preferred. They have become so outrageous, in fact, that it makes other people think about selling their homes to be able to make a large profit. Ppl in Toronto are absolutely very rude, angry ppl, wwho give attitude to one another for no reason, which is why I ran away to Calgary because of it, now Im starting to noticed a lot of idiots from Toronto moving here and bringing that garbage attitude with them here too (specially immigrants do this) if this keeps up Im moving to south of u.s, this sissy b.s Canadian attitude is none sense. The problem with something like supply and demand is that there really is no cap to it. Add to that the fact that manufacturers increasingly insist on setting prices at different levels in Canada, and bully retailers into playing along. Hence, if you are thinking of moving to Canada or doing business in the country, you need to keep these points in your mind before making a final decision. Plus, Americans don't like ordering from outside their country. Not only do they taste great, but I also love how they are healthy for me and help to keep me hydrated throughout the day. It's easy to ask why our government spends a lot more to collect taxes and duties at the border than it actually collects. Mr McMullen says the scheme, which pays $53.9m a year, has brought the cost of four litres of milk down from $15.19 to $7.79, but he concedes that more needs to be done to make food affordable. The study goes on. Wealthsimple Tax Review (previously SimpleTax): Is this Canadas Best Free Tax Return Software? The cycle essentially continues to repeat until there is some sort of a break or change in the market. Where is Clearly Canadian made? Your email address will not be published. This is hard to do and not a realistic option for most people. Where Canadians can spend almost $50/month on Thanks for the article. In times of higher interest rates, the total prices of the homes have to stay a little lower. Although the cost of living in Canada is increasing, most people are okay with it because they know that the government is trying to provide the best quality of life imaginable. The government sets the minimum price that alcohol can served for in bars, pubs, clubs and supermarkets, resulting in pretty steep prices in some places. Hey Stu, In other words, one percent may not seem like a lot until you consider the fact that the price of the home is $1.5 million. The cost of using the better materials will certainly pay off in the long run. But why are they so expensive? (Of the remaining $16.6 billion, about 60 per cent was paid by private insurance, and the remaining 40 per cent by individuals out of pocket.) Stephen Moranis is a real estate industry veteran. Cars in the US are more expensive because of union demands for workers healthcare. Leesee Papatsie, who organised the protests and lives in Iqaluit, has a good job but still spends more than a third of her pay on food - about $500-$600 (314-376) a week. Audience Relations, CBC P.O. Yes, we hear this word almost every day these days but did you know that climate change can impact the economy and hence how expensive or inexpensive daily necessities become? Otherwise one can always move to the United States! Quinte West is a city located in the province of Ontario. Comments on this story are moderated according to our Submission Guidelines. Drake Media Inc. All rights reserved. If there are not very many homes for sale, the prices for them are going to be higher. According to Reuters, the annual inflation rate of the country is currently at 3.1% in June as compared to 3.6% in May but unfortunately, it still is above the target that the Bank of Canada has set which is 2% (1-3% control range). "Our lens manufacturer is right here in Canada," explained Anderson. -Overall, If I had a job that provided health care coverage, id much rather be in the States..with a large family and no health care coverage, Canada looks pretty appealing. Not a realistic option for most people there are not very many homes for sale the. People from Canada or even the Northern United States bring back the drink... Can always move to the market close comments at any time at the source, the! Started to generate their personalized weather systems enjoyment of drinking Clearly Canadian knowing. A month for healthcare representatives with subsidiary companies for comment and did not receive a reply to repeat there! 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