PEETZ News

April 22, 2016 - As a Canadian manufacturer of handbuilt mahogany and brass fishing reels, PEETZ is able to ship orders into the United States duty free. Based on the NAFTA agreement (North American Free Trade Agreement) which was signed in the early 90's, goods which are manufactured in Canada may be imported into the US without additional tariffs. And then add on the favourable currency exchange rate enjoyed by American purchasers today, you can save approximately 30% on Canadian goods. What is NAFTA? NAFTA came into effect on 1994. It is a trading...

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April 01, 2016 - The Canadian to American dollar exchange rate is always fluctuating and, over the last year, seen extreme erosion of the Canadian dollar against the American greenback. This has created very favourable purchasing power for US buyers wanting Canadian sourced products or services. At the time this article was written, the rate was hovering around 1 USD = 1.31 CAD. This gives the US consumer or traveler an extra thirty cents on their dollar for all purchases listed in Canadian dollars. This sizable discount offers major savings for US residents making...

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