Canon jacked the price up, not Henry's and those R&D currency units are Yen, not Dollars.
If Canon Canada posted an apology giving the logical reasons of the increase, I'd have it.
Instead they removed any traces of pricing from their website in a move that can only be described as underhand.
If the price rise is justified because of currency turmoil, why not just tell us?
Canadians are annoyed at the way it was done. I realise that the currency rates have an impact on imported items but lets be straight and above board on this.
Canon and the retailers have been most underhand, that is why I'm pissed off. Learned links to market turmoil will not change the fact that we Canadian Canon customers have been treated badly.
If Canon Canada bought a significant amount of units before our dollar dropped, we wouldn't see this problem.
I don't think Canon Canada is being unfair, we never really "BOUGHT" any cameras, we only pre-ordered them so we can get it before everyone else. With today's volatile market, we need to just swallow this change. Be happy it's only 10%, and not 20%.
and that was when the dollar had been up or around 90-95 cents and had then crept up to better than par!
to get back to my earlier point: it seems like they go up for whatever reason but won't fall again; even though gas prices are down I don't see Canon discounting 5% off lenses to reverse the effects of the May price increase, and that's what most of us find more infuriating than anything else.
EyeBrock wrote:
Canon jacked the price up, not Henry's and those R&D currency units are Yen, not Dollars.
If Canon Canada posted an apology giving the logical reasons of the increase, I'd have it.
Instead they removed any traces of pricing from their website in a move that can only be described as underhand.
If the price rise is justified because of currency turmoil, why not just tell us?
Canadians are annoyed at the way it was done. I realise that the currency rates have an impact on imported items but lets be straight and above board on this.
Canon and the retailers have been most underhand, that is why I'm pissed off. Learned links to market turmoil will not change the fact that we Canadian Canon customers have been treated badly....Show more →
First of all, the Yen AND the Dollar have been rising at about the same rate. So there won't be a change there. The Canadian Dollar is now worth .84 cents. This happened suddenly.
The way you say "jacked the price up" shows that you already aren't looking at this impartially.
You could have just said that they raised the price.
I don't see anything underhanded about what Canon did. They could have said that they were raising prices, but the result would have been the same. If they gave a weeks notice after the dealers had already taken your money in pre-orders, what would have happened?
The cameras aren't due for a few weeks as we've been discussing for some time now.
So, Nikon announces price hikes across the board for next week. But they have no new significent product coming out right after that, that people have been waiting for, and put money down on in pre-orders. So it looks as though they did the right thing.
Don't forget that Nikon is raising prices on product that is ALREADY in the country, and IN the stores.
So if Canon said that they were raising prices next week, but your cameras still wouldn't have gotten here until the end of the month, what then?
Canon isn't taking your pre-orders, the stores are. Since they haven't received the camera shipments, the price hikes on this camera would take place before they received them, and you would still be in the same position. That is, the stores would be paying more for the cameras you pre-ordered.
What do you think they would do?
I'll tell you. They would have done the same thing they have done.
Where would your complaints be directed to then? Canon? The stores who took your money and then cancelled your orders, or raised your prices?
and that was when the dollar had been up or around 90-95 cents and had then crept up to better than par!
to get back to my earlier point: it seems like they go up for whatever reason but won't fall again; even though gas prices are down I don't see Canon discounting 5% off lenses to reverse the effects of the May price increase, and that's what most of us find more infuriating than anything else....Show more →
I'm not sure I understand your chart. Some of those prices from B&H look off to me. Please explain it.
What he's basically saying is that even when we were at par in Canada, we still payed more than in the US.
When the Yen was weak against the Can $ we still paid more but now the Can $ is weaker against the US $ and Yen we now have to pay even more.
For example I bought $3300 worth of gear from B&H in Feb, shipped to my in-laws in St Petes. The same stuff would have cost me $5500 in Canada.
As in we were ripped off then and we are getting ripped off even more now.
EyeBrock wrote:
What he's basically saying is that even when we were at par in Canada, we still payed more than in the US.
When the Yen was weak against the Can $ we still paid more but now the Can $ is weaker against the US $ and Yen we now have to pay even more.
For example I bought $3300 worth of gear from B&H in Feb, shipped to my in-laws in St Petes. The same stuff would have cost me $5500 in Canada.
As in we were ripped off then and we are getting ripped off even more now.
I would still like him to explain his numbers, because from that chart, I can't figure out what he's saying.
For example, where is he getting those prices from? He says B&H price for the 50 1.4 is $289.95. Where is it that price? B&H charges $325 for that lens in the US, with the US guarantee, and has for a while.
They charge $355 for the 85 1.8.
That's one reason the chart is confusing. He has "diff" in percent, but doesn't show from what to what. The chart is meaningless without a better explanation of the numbers.
But it did. The depreciation of the CAD dollar only occurred in the last couple of months. Canon have not sold a single 5D II or committed themselves to a firm price to anybody. Their MSRP is just that - a suggested retail price. Canon Japan had not jacked up their price at all - the price is still the same .... in yen, of course. They are not gouging or profiting from this price increase. If the CAD dollar had appreciated instead of depreciated, the price of the 5D II in Canada could actually be lower than here in USA i.e. it could have gone either way. It's a roll of dice, and you lost, unfortunately. I think the situation is the same in Australia.
EyeBrock wrote:
Those 5D2's are in a shipping container somewhere between Japan and Vancouver as we speak, the prices didn’t rise midway in the Pacific. The increase should have been on the next batch.
bobbytan wrote:
I would agree with what you said if you are viewing low-res images on the computer, but I think you are wrong (no offense) when it comes to prints.... and I mean large prints. I have seen large-prints of images from the 1Ds Mk III and the detail just blows me away - I could not get that kind of detail from my 5D files. Unless you compare side by side 5D and 1Ds3 files shot with exactly the same setup ( lens particularly) there are so many other variables involved. I get the feeling that this camera is being hyped up by this kind of hysterical expectation that when people finaly get their hands on it there are going to be some very disapointed owners out there. Just as when I moved from a 20D to a 5D ( which is about the same resolution increase) - yes I did notice a resolution increase but I wasn't 'blown away' and it wasn't a significant leap by any means. Infact the difference between some lenses (especialy at the edges and corners of the frame) makes a far greater impact than the sensor resolution.
Probably many people have been asking this, but i couldn't it in the last 3 pages: any strong hints about when the 5DmkII will be available for purchase?
Mel Gross wrote:
Ah hah! The other increases are coming as I said. It was to be expected.
At least Nikon has the decency to let their customer to order with the old price until a date when they will raise the price. That's the big difference. If they work like Canon, they would have cancelled all current orders and jack up the price without warnings.
Shame on you Canon.
Mel Gross wrote:
Just wait and see what happens if the canadian coin declines to the 60% level as it was for so long. I hope it doesn't happen, but if it does, be prepared for an almost doubling of prices for most everything from out of country.
NO, I wish the US dollar will fall like a rock and you guys suffer the same we do.
wkhc168 wrote:
NO, I wish the US dollar will fall like a rock and you guys suffer the same we do.
Hey, thanks....oh, we just went through that....which is why the $CDN was so high relative to the $US :-)
Actually, if the $US had really tanked, with the $CDN really getting a lot better, I am sure all you guys would have been whining for Canon and the dealers to drop the prices.
wkhc168 wrote:
In my business, global currencies fluctuations affecting revenue is just part of doing business globally. We don't go raising prices every time the exchange rate moves. You report it in your financial report as effects of changing currencies. You definitely do not cancel your customers order so that you can change your price because of currencies changes. You raise prices to the new orders, not to those already ordered. I think Canon is not doing itself a favor in this time of economic turmoil. They are just giving all their otherwise committed customers a chance for a second thought. I do hope that they are economically impacted by this bad decision....Show more →
That depends a whole lot on the business and the actual purchasing arrangement. First, as I said before your purchase agreement is with the reseller, not Canon.
As for the wholesale area, arrangements differ hugely. In many businesses, the retailer has no kind of price-control agreement with the supplier--prices can fluctuate even hourly. Canon never said the prices were fixed--if you made a financial agreement with the reseller, that's with the reseller.
When Canon upped their pricing, and possibly, cancelled their orders, it was up to them to decide how to treat their customers.
Canon didn't up the price. That's what you're failing to understand. The yen price is the same.
I was living in Okinawa back in the mid 80s when the US dollar fell to a quarter of its value to the yen. The price of a Big Mac in the local Kadena McDonald's did not change a single yen. But what I had to trade in dollars at the bank to get those yen changed substantially. You might as well blame the banks.
Also, it's unlikely Canon cancelled the orders from the dealers. It's more likely the dealers are stuck with whatever they originally ordered.
At least NIKON are giving retailers until 12th November before a price rise.
Those 5D2's are in a shipping container somewhere between Japan and Vancouver as we speak, the prices didn’t rise midway in the Pacific. The increase should have been on the next batch.
Check your calendar--12 November is only next Wednesday, which means someone expecting to buy a Nikon at the end of November (as we are expecting with the 5D2) has gotten no more warning. The only difference is that all of Nikon's current models are on the shelves now, so it's actually possible to buy any current Nikon before the dealer increases the price next Wednesday.
