Pacbrake puts prices in sync
SURREY — Pacbrake has adjusted its price list to reflect the strong Canadian dollar and will offer a unified price to both Canadian and American customers.
The rising Canadian dollar hit parity with its U.S. counterpart on Sept. 20 and has hovered above the one dollar mark since. With a strong Canadian dollar rising above the U.S dollar, Pacbrake is moving to adjust prices to compensate for the difference.
“Not many companies are willing to lower prices yet,” said Jennifer Singleton, director of business development at pacbrake. “However, we want to offer Canadians fair pricing, and that means adjusting prices now. We’re not waiting for others to do it, we’ve done our research, and we know it’s fair.”
The Surrey-based manufacturer and distributor also operates an office in Seattle. The parts company deals with a number of clients on both sides of the border and virtually all products Pacbrake sells have been lowered to par.
“We are still waiting to lower prices on a few of our products, as we can’t match the U.S. price until other Canadian firms offer us their prices at par,” added Singleton.
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