Saturday, 16 January 2016

A dollar is not a dollar...

I read a blog post at Soper Creek Yarn about the cost of doing business with our weak Canadian dollar.  Specifically, $1.00 Canadian is only 68 cents when spending in US dollars.  A $10 item now costs $14.00.  This transfers to all kinds of things, from yarn to food to clothing to books.  Cauliflower is $7.00 a head, and the Canadian price listed on books will continue to grow compared to the US price.

To me, this means I need to continue to look for opportunities to buy local.  In the grocery store this means I can buy apples and potatoes now, but need to leave lettuce and berries on the shelf.

In the yarn store this means looking at local yarn.  For my Mystery KAL shawl with Never Not Knitting I purchased Briggs and Little Regal, a worsted weight yarn milled in New Brunswick, Canada.

I will keep looking for yarn that is local, and support the local economy while continuing to focus on finding ways to bridge the gap between one dollar and the next.  Because not all dollars are equal.

1 comment:

  1. I am glad I am on a yarn diet this year. I hope by 2017 the canadian dollar will have rebounded. It is shockingly low, eh? Makes us rethink our three month trip in our camper to the USA. Gas and camping are cheaper there, but with our dollar exchange I don't think it would be a wash. Also another good Canadian yarn is Ancient Arts in Calgary.