Bow Narrows Camp Blog on Red Lake Ontario: A fishing trip to camp will never be cheaper

Wednesday, January 20, 2016

A fishing trip to camp will never be cheaper

Texas angler Mike Gage tries some early morning dock fishing in 2015

If you are living in the United States, a fishing trip to Canada is not likely ever going to be less expensive than this year. In fact, it is even going to be about 20 per cent cheaper than last season. The reason is the exchange rate on American currency. It currently stands at about 40 per cent, the greatest it has been in over 13 years. A 40 per cent exchange rate is the same thing as a 40 per cent-off sale.
At Bow Narrows Camp our rates are in Canadian funds so the exchange rate is totally to the benefit of our U.S. customers. We always pay the bank rate of exchange. Last year it was approximately 20 per cent or half of what it is today. If you pay with a credit card the card company calculates the exchange automatically.
So, if you have buddies who have been sitting on the fence about whether they could afford to join your group, point out that the cost is going to be way less than expected. Incidentally, no matter what size cabin you originally booked for, check with us because it may be possible to switch you to a larger capacity cabin.
This would also be a great year to bring the grandkids or nieces and nephews.
Our Canadian guests won't be able to take advantage of any exchange but they will be able to reap the savings in travel since the price of gasoline has fallen dramatically and is predicted to decline even further. This means less expensive automobile trips and airplane tickets.
It is likely that Canadians will re-consider winter trips to the U.S. now and may opt instead for summer travel in Canada, including fishing trips.
Lower fuel prices will cut our fuel costs at camp too, however, it remains to be seen if it offsets the increased cost of food imported from the U.S. Most of the produce sold in Northwestern Ontario supermarkets comes from the U.S. and Mexico. The greater the exchange, the greater the cost. Climate change too is driving up food costs via droughts and extreme weather events.