BUFFALO, N.Y. (WIVB)- The Canadian dollar is weaker than it’s been in eleven years. compared to the US dollar..
The Loonie is only worth seventy five cents cents in the United States, but there are some things that are clearly still worth it for Canadians to buy here in the States, like gas, milk and eggs.
Even though his money is worth less here, Ontario resident, Ron Thomson was filling up at Tops Market on Niagara Street because paying $2.54 a gallon was still way better than paying over four dollars a gallon in Canada. “For sure groceries are still cheaper here. The big difference would be things like clothing. I don’t go to the outlet mall here as much because they built one across the border, but we are seeing a lot more Americans at out outlet mall so they must be finding that it’s cheaper with the exchange rate.”
At the Target store in Cheektowaga, it wasn’t hard to find Canadian shoppers.
“Now we don’t come as often for sure.” said Ontario Resident Sherri Jason, who had a cart load, but isn’t so sure she saved any money in the States. “Actually, I was shopping for school supplies when I realized, even the normal prices weren’t gonna be any better than even if it was on par.”
Samir Mahdi came just to price some toys. “We actually found that it’s cheaper back home. You know, there are some items that are stocked in the US that we can’t get back in Canada, but the ones that area, it just didn’t make sense to purchase over here.”
Some Canadians, like Bryan DiFrancesco, will continue coming through Western New York regardless,of the exchange on their dollar. “It is less attractive to come over here, than back when things were at parity, but we like our American friends and we come down and support our neighbors as well as our Canadian friends back home.”
The weakened strength of the Canadian dollar is believed to be part of the reason that vehicle traffic is down five percent at the Peace Bridge, fifteen percent at the Rainbow Bridge, and over twenty percent at the Whirlpool Bridge compared to the same period last year.