Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Canadian Travel - June 2008
Old 12-10-2007, 04:07 PM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
youbet's Avatar
 
Join Date: Mar 2005
Location: Chicago
Posts: 12,706
Canadian Travel - June 2008

Most summers, I head up to northern Ontario, near Red Lake, with a bunch of school chums to chase walleyes and drink Molson. Just received the annual holiday letter and updated 2008 brochure from the camp owner. Not unexpectedly, prices are up 9%. (They price in USD since almost all the customers are Americans.)

Due to the loonie/dollar exchange rate movements of the past few months, we'd actually expected an even bigger increase. The trip is already considerably more expensive than what we would spend staying in the northern USA due to the extra 300+ miles of driving, higher gas and food prices, etc. Tack a big rate increase on top of that and, well, it was just starting to look too expensive. But the 9% increase isn't so bad and now we're not sure what to do.......

Can anybody shed some light on other increases or gotchas we might see given the new exchange rates? We're expecting things to be less crowded with Americans than usual due to the higher prices, which would be a plus.
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
youbet is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 12-10-2007, 04:53 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2006
Posts: 11,401
The governor of the Bank of Canada has recently said that he expects the Canadian dollar to settle at about 85 cents US.

Meanwhile, there is a flood of Canucks on shopping sprees in the US.

Some goods are priced higher than even the previous exchange rates could justify. e.g. Books. That became obvious when the dollars hit par. Lots of stores are now advertising reduced prices to attract customers.
Meadbh is offline   Reply With Quote
Old 12-10-2007, 06:10 PM   #3
Full time employment: Posting here.
jambo101's Avatar
 
Join Date: Oct 2007
Location: Montreal
Posts: 940
Plan-B from stateside of the river Fishing In The 1000 Islands
__________________
"Second star to the right and straight on till morning"
jambo101 is offline   Reply With Quote
Old 12-10-2007, 08:49 PM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
youbet's Avatar
 
Join Date: Mar 2005
Location: Chicago
Posts: 12,706
Well here's the whole sad tale (from my point of view!) behind the escalating cost of Canadian vacations/fishing trips...... The 9% increase for fishing camp accomodations the owner sent us is entirely explained by the exchange rate alone.

This would seem to work well for the owner as he snowbirds in Florida and owns a condo there. So, thanks to the exchange rate, he now gets more USD during the summer to spend in Florida in the winter.

Meadbh - Thanks for the info. Our biggest cost is our accomodation up there, followed by the food and beer bill (making the merchants in Red Lake happy!) and a tank of gas each way..... although if we're lucky on the return trip we sometimes just make it back across the border before needing to fill up. BTW, this trip involves four vehicles pulling boats and about a dozen guys.

jambo101 - I just looked at the website briefly. Are you suggesting this is a border area we could fish from the USA side? I accomplished something similar recently. A bush pilot on the US side flew us, our canoe and supplies into Canada (Quetico Provincial Park) and we paddled out for a week, camping along the way. Had remote border crossing permits with us, as required.

Thanks for the info.
Attached Images
File Type: png 5y.png (2.8 KB, 1 views)
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
youbet is offline   Reply With Quote
Old 12-11-2007, 05:15 AM   #5
Full time employment: Posting here.
jambo101's Avatar
 
Join Date: Oct 2007
Location: Montreal
Posts: 940
Quote:
Originally Posted by youbet View Post
jambo101 - I just looked at the website briefly. Are you suggesting this is a border area we could fish from the USA side?
Thanks for the info.
Its the St Laurence river all the way to lake Ontario,North side is Ontario south side is New York state.
__________________
"Second star to the right and straight on till morning"
jambo101 is offline   Reply With Quote
Old 12-13-2007, 12:19 PM   #6
Recycles dryer sheets
BigBob's Avatar
 
Join Date: Apr 2007
Location: Sebring
Posts: 201
Many of you probably already know this but passports are soon necessary to get back to the US as indicated by expedia (Expedia.com - Upgrade your browser and see the world):

Air travel: Passports are now required for all U.S. citizens traveling to or from any international destination via air, with the exception of Puerto Rico and the U.S. Virgin Islands.

Land and sea travel: From January 31, 2008 to summer 2008, U.S. citizens traveling to or from the Bahamas, Bermuda, Canada, the Caribbean, and Mexico via land or sea ports must present a government-issued photo ID in addition to proof of citizenship, such as a birth certificate. (A voter’s registration card and social security card are not considered to be proof of citizenship.) Children under the age of 16 do not require a government-issued photo ID.

Summer 2008 rules: Beginning as early as summer 2008, passports will be required for all U.S. citizens traveling to or from the United States via land, sea, and air—regardless of destination.
BigBob is offline   Reply With Quote
Old 12-13-2007, 03:02 PM   #7
Full time employment: Posting here.
mn54's Avatar
 
Join Date: Sep 2007
Location: mpls, mn
Posts: 725
Not only is the exchange rate killing the U.S. tourist in Canada but the taxes will kill you too. You used to be able to stop at the border and get the PST and GST tax refunded to you. This is no longer the case. I believe they stopped doing this a couple years ago. It's good to hear that they predict the exchange rate to go back to $.85 Cand. to U.S..
mn54 is offline   Reply With Quote
Old 12-13-2007, 04:42 PM   #8
Moderator Emeritus
Martha's Avatar
 
Join Date: Feb 2004
Location: minnesota
Posts: 13,228
How about going to Lake of the Woods, and staying on the US side? A lot of water there to explore.

Lake of the Woods - The Walleye Capital of the World
__________________
.


No more lawyer stuff, no more political stuff, so no more CYA

Martha is offline   Reply With Quote
Old 12-13-2007, 06:51 PM   #9
Thinks s/he gets paid by the post
 
Join Date: Oct 2007
Location: Willamette Valley, Oregon
Posts: 1,979
Quote:
Originally Posted by mn54 View Post
Not only is the exchange rate killing the U.S. tourist in Canada but the taxes will kill you too. You used to be able to stop at the border and get the PST and GST tax refunded to you. This is no longer the case. I believe they stopped doing this a couple years ago. It's good to hear that they predict the exchange rate to go back to $.85 Cand. to U.S..

Or did he mean for one US dollar you would get 85 cents Canadian?
__________________
Dreams Worth Dreaming are Dreams Worth Planning For. I Spent a Career Planning for Early Retirement.
RetireeRobert is offline   Reply With Quote
Old 12-14-2007, 08:32 AM   #10
Recycles dryer sheets
 
Join Date: Jun 2007
Posts: 316
You might consider buying your own fly in fishing camp in Canada. I'm told that there are lots of 'em and they are selling cheap. Wouldn't that be a cool way to spend the summers of your ER?

The downside to this great plan is that I've also heard that due to the Canadian dollar rising a lot of Americans are staying home. To make things worse, these operations are very heavily fuel dependant so of course the airplane trips and boat gas aren't getting any cheaper.
Grizz is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
suggestions for travel January 2008? simple girl Other topics 16 01-20-2008 03:13 PM
Good Travel Site or Boards for the RE Travel Lifestyle???????????? dex Other topics 6 11-04-2006 11:43 PM
June Electric Bill IHateCNBC FIRE and Money 57 07-21-2006 04:07 PM
June 24 & 25 Invitation OldAgePensioner Other topics 7 06-15-2006 01:45 PM
June Vacation Trip ferco Life after FIRE 10 02-04-2006 12:11 PM

» Quick Links

 
All times are GMT -6. The time now is 02:28 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2023, vBulletin Solutions, Inc.