Quoted from frolic:And therein lies the rub, any Canadian sitting on pinballs right now has a "US asset" that is worth 30% more and can be sold back to the states at 30% profit.
A lot of Canadians have done VERY WELL this past year with shares in us stocks, that they now get a 30% bonus on if they were to sell them.
But we only look at 1 side of the equation, we don't look at how we benefit from this.
The only benefit I see will be in the immediate short term if you have a lot of pins in your possession. So you and all your fellow Canadians decide to "cash out" and get a 30% return on your "stock" then what? There will be no pins in the Canadian market, pins that cost 30% more if you can find any left and essentially a collapse of the pinball hobby in Canada.
Reading what others have posted, this does not appear to be a problem confined to Canada only. It seems that Australia and Europe are feeling it too. In the 90's, one of Williams' biggest customers was Europe. I would guess that a large chunk of sales from Stern and JJP are also to countries other than the US. If the pinball market outside the US dies, as the poll suggests almost 90% will either reduce or drop out, that will ultimately hurt Stern and JJP. At this point Frolic, I don't see too many benefits from this.