Longview Posted January 26, 2015 Report Posted January 26, 2015 The leather price increases are the result of the US/Canadian dollar exchange rate and price increases that were introduced on January 1st by several of the major US tanneries. We sell Wickett & Craig, Hermann Oak and a variety of chrome tanned leathers as well as tools, finishes and other leatherworking products from our shop in Alberta. Both W&C and Hermann implemented price increases the first of the year. Ninety nine percent of the products we sell are brought in from the USA and are purchased in US dollars. The exchange rate affects not only the price of the products we purchase but the freight to bring the products to Canada as well. As Northmount stated, the Canadian dollar is trading around $.80 US. The weak Canadian dollar will not only affect the price of leather but on all products that are coming from the United States. Don Quote
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