U.S. chamber urges businesses to take loonie at par

(Newswatch Group/File)

WATERTOWN, N.Y. – With the Canadian dollar slipping against the American greenback, the voice of business in Northern New York is urging more businesses to take Canadian money at par.

The director of marketing for the Greater Watertown-North Country Chamber of Commerce tells the Watertown Daily Times she hopes more businesses offer at-par goods and services to spur cross-border traffic.

With the loonie slipping to roughly 80 cents U.S., the number of Ontario licence plates showing up at shopping malls in Northern New York is on the decline.

Chamber spokeswoman Sara Carpenter tells the paper the equivalent of a 20 per cent discount may not be practical for every business but she’s encouraging them to promote tourism.

Historically, hotels and motels have been the ones to offer dollar-for-dollar deals to Canucks.

The tourism push in Northern New York has been evident to Canadians recently as the state offered a free snowmobiling weekend in March for out-of-state residents.

Thumbs Up(9)Thumbs Down(0)