Sony respects rising Canadian dollar with price drop

What's strange about this image? If you're Canadian, you may have noticed that you're paying the same as your American brethren. Sony is the first of the major three console makers to release a system in the territory that matches the American price. Traditionally, the US dollar has been much stronger than the Canadian. Thus, console manufacturers usually inflated the cost of Canadian consoles accordingly.

However, the Canadian dollar is now stronger than the US dollar. Shouldn't the inflation stop? Unfortunately, other console manufacturers haven't responded quite yet. The Nintendo Wii retails for $289 in Canada, $30 more than in the US. The Xbox 360 Elite retails for $499, $50 more than in the US.

Thanks to Sony for recognizing the changing global economy. They slashed the Canadian PS3 by $160 to account for the currency conversion. Now, Canadians -- go buy yourself a PS3.