The almighty Canadian Dollar: What's a bookseller to do?

With the Canadian dollar being so powerful right now, at least someone in Canada's taking the initiative to sell their books at the lower US price. Ahem, Chapters and Indigo are you paying attention?

From The Ottawa Citizen:

The strength of the Canadian dollar -- and of the complaints of customers -- has led at least one Ottawa bookstore to cut prices, even if it means selling at a loss.

Collected Works on Wellington Street decided this week to sell books at their listed U.S. prices, said co-owner Chris Smith. He described the cut as a promotion that will end Dec. 31.

"A lot of people have been appalled by the spread between U.S. and Canadian prices," Mr. Smith added. "The industry has been quite slow in responding to changes in pricing."

More here.

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