Proudly Canadian – Canada Goose

Canada Goose company is known not only in Canada, but in many countries around the globe. It is not an easy task to make and sell clothing produced in America because of strong foreign competition, but Canada Goose company does it successfully for many years.

Proudly Canadian - Canada Goose / Image, picture, drawing / MapleDude.Ca
Original image by MapleDude.Ca

According to statista.com data now Canada Goose’s revenue is growing rapidly, wholesale revenue grew from 288 mil. CAD in 2017 to 336 in 2018 and direct sales increased from 115 million Canadian dollars to 225.

Why people are lining up to buy those fancy jackets, parkas and other products? We’ll try to answer this question.

Company’s history started in 1950s, when an entrepreneur Sam Tick immigrates to Canada. He created Metro Sportswear Ltd. in Toronto, which specializes in woolen vests, raincoats and snowmobile suits. After 20 years his son establishes the label Snow Goose, which later becomes Canada Goose. They wanted to make jackets for coldest places on earth. After that Reiss family continue company’s development.

Over the last 21 years, Canada Goose has grown from one small factory in Toronto to seven facilities across Canada with products shipped to 38 countries around the world.

winnipegsun.com

In 2018 they opened 7th factory in Winnipeg which created more that 700 new jobs, for over 55 years all production facilities were located in Canada.

Huge European and American brands moved their production to China and other countries long time ago, but Canada Goose proudly makes everything in Canada. It is not an easy decision, minimum wage in Ontario is $14/hour, for such high labor demanding production those are major expenses. Of course if would be much cheaper to open factories elsewhere, this would reduce prime cost and make products more competitive, but the company believes that “Made In Canada” on mark on any product wins against the opportunity of cost reduction.

Canada Goose is not cheap, their parkas cost $900 and more, but this doesn’t scare customers. Canadian winter is long and tough, in some places temperature drops to -30 and below, you need to be sure you well protected against such hard conditions. The thing about winter jackets is that people usually wear one for a long time, 3-5 years is a minimum, often people wear one jacket for 10 and more years, so when you choosing one, you might as well spend good money on it, winter jacket is an expensive product.

Sure you can get a nice looking jacket for $100 or even cheaper during the sale, this jacket might be quite warm and of a decent quality, but here we come to another reason why people would pay 10 times that for Canada Goose brand. Brand is the answer.

In a grocery store you see a lineup to Canadians apples and vegetables, close to it you can see much cheaper apples from The U.S. or Mexico, but people still go for “Made In Canada”. Canadian products are popular not only among Canadians, but among new immigrants as well.

When it comes to food this behavior can be explained easily, if something grows close, probably it is fresh and “natural”, so what’s up with the jacket? Germans make cars, Russians make vodka, French and Italians make wine, Ukraine makes grain and Americans make iPhones in China 🙂

Canada has a problem when it comes to international fame and stereotypes. Canada is just not very well knows in the world. Many people in different countries know nothing about Canada and they don’t read much about Canada in news. I know that because in MapleDude.Ca i am having hard time to find new content about Canada and its culture. With that in mind people know one thing about Canada for sure – it is cold out there! So Canadians must have a good winter clothing, there you go.

When people hear about winter jackets made in Canada they want to buy one, because Canadians must know what they are doing.

Another thing about Canada Goose is that those jackets are just cool to some people only because they are expensive. They are expensive in Canada, you can guess how much they cost in Europe and Asia with additional delivery costs (although Asians with their weather don’t really need warm parkas).

Why Canada Goose Jackets are so expensive? Reducing its price might have a negative effect on sales because demand for fancy and luxury goods is inelastic.

You can see that those jackets are very popular in Korean, Chinese and Arabic Canadian communities, you see a lot of people wearing them. Sometimes it is even funny because you know that some of those people are not very rich, yet they willing to spend a lot of money on it. Partly this is because of the feeling of belonging, they are in Canada now, they want to be Canadians and buying Canadian is a good way to show it.

Surly if company decided to move production to an Asian country those new Canadian immigrants wouldn’t be that interested in buying.

One more thing which makes Canada Goose popular is its quality.

Canada Goose products are good, it is hard to say if it worth the price, but by watching one of many videos from their production facility you can see how Canadians making those jackets and be sure that quality is high.

Canada Goose is not alone, there are other Canadian products, companies and brands, for example: A&W, Tim Hortons, Second Cup, Minute Maid juices, Cascade, LibertĂ© yogurt. Competition is tough because no country in G7 trades like Canada, but Canadians managed to save some production and industries at home, some of which are not only surviving, they are growing. Canada Goose is a great example of such company with proud “Made in Canada” mark.

 

How Much It Costs To Buy A House In Canada?

If you want to buy a house in Canada for yourself or as an investment, you will find this article useful. Today MapleDude.Ca going to cover prices for houses in major Canadian cities and provinces.

How Much It Costs To Buy A House In Canada? / Image, table, drawing, picture / MapleDude.Ca
Original image by MapleDude.Ca

A good place to check housing market statistics is The Canadian Real Estate Association. According to this organization average house prices as of April 2018 were the highest in Vancouver city (British Columbia) – $1,092,000 with annual growth of 14.3%. Cost of a house in Toronto was $766,000 on average with -5.1% of annual decline.

Canadian Average price of a house in 2018 was around $495,000 with -11.3% decline which might suggest that the market is overheated.

Let’s have a look at more data from other Canadian cities and provinces, here is the average house prices by city:

Canadian Cities Average House Prices April 2018 / Image, table, drawing, picture / MapleDude.Ca
Canadian Cities Average House Prices April 2018

Note that any “average” numbers are not always representative, there are cheap and expensive houses in all places. The average value gives only a general picture.

And here are the average house prices by provinces:

Canadian Provinces Average House Prices April 2018 / Image, table, drawing, picture / MapleDude.Ca
Canadian Provinces Average House Prices April 2018

Top 7 Wealthiest Canadians

Every year Forbes publishes a list of rich people from many countries, so let’s have a look at the wealthiest people from Canada in 2018, TOP 7 Richest Canadians. The average age in the list is 74 years old, those seven people have more than 70 billions of dollars of wealth combined, but the richest person in the world right now, Jeff Bezos (CEO of Amazon), has estimated net worth of 138B+ as of 1/17/19.

Top 7 Wealthiest Canadians / Image, Drawing, Picture / MapleDude.Ca
Original image by MapleDude.Ca

Here are 7 people from Canada with the highest estimated net worth:

  1. David Thompson: Worth: $25 billion;
  2. Joseph Tsai: Worth: $9.7 billion;
  3. Galen Weston: Worth: $9.5 billion;
  4. James Irving: Worth: $8.3 billion;
  5. Jim Pattison: Worth: $6.9 billion;
  6. David Cheriton: Worth: $6 billion;
  7. Emanuele (Lino) Saputo: Worth: $5.3 billion.

Now MapleDude.Ca will quickly go thru everybody to give additional information about each person.

David Kenneth Roy Thomson is a Canadian media magnate, Chairman of the Thomson Reuters company.

Joseph Tsai was born in Taiwan Hong Kong and San Diego, but his country of citizenship is Canada. He is the co-founder and executive vice chairman of Chinese multinational conglomerate Alibaba Group.

Galen Weston is chairman of George Weston Limited, Canadian
food processing and distribution company.

James Irving have got part of the family assets which includes Brunswick News media and several other companies.

Jim Pattison is a chairman and sole owner of the Jim Pattison Group, conglomerate with interests in media, automotive dealerships, magazine distribution, food service packaging, advertising, real estate, fishing, forest, financial services and entertainment.

David Cheriton is a Canadian computer scientist, mathematician, businessman, philanthropist, and venture capitalist.

Emanuele (Lino) Saputo is a Canadian businessman with
Italian background. He created Saputo, Inc., a cheese and dairy producing company based in Montreal.

Canadian Caveman Bill from Yukon

These days downshifting (moving to a place with lower cost of living) as popular as ever, but caveshifting movement, a term, which i just made up, is not that popular, although crazy success of Primitive Technology Guy shows that people are always interested in it.

When Australian Primitive Technology Guy doesn’t actually live like that (he moves to a wild life only when he make videos), the Canadian Caveman Bill is no joke, he does live in an actual cave for the past 20+ years.

CANADIAN CAVEMAN BILL FROM YUKON / Drawing, image, picture / MapleDude.Ca
Original image by MapleDude.Ca

Bill lives near Dawson City, a very small Canadian place located in Yukon. He tells his story:

When I first got to Dawson City, I was looking at a bunch of different options,” said Bill. “Tent City was going at the time. Around 300 to 500 transient workers set up a camp down by the ferry land. But it was a bit too much a zoo for me. My friend Kevin suggested that there were some caves across here. So I came over, checked them out. And once the river broke, I threw in my canoe and paddled over and moved on in.

Canadian Caveman Bill

Bill is a simple guy who doesn’t promote his “cave dwelling lifestyle” and he doesn’t reject modern society, he just lives in a cave and enjoys peaceful nature. He has almost everything he needs for such life, he makes furniture from wood and he is well known in the town. Bill visit his friends in the town often, sometimes he buys stuff there which he can’t get in nature or make himself. His furnished cave brings more tourists to the city.

Picture from huffingtonpost.ca

Also, he is well educated, Bill Donaldson graduated from Ontario College of Art & Design in Toronto (Info from his Facebook page).

What Are The Best Canadian Cities To Live In?

In 2018 moneysense.ca published a ranking of best Canadians cities to live in. They based the ranking on their unique methodology which includes a number of factors with different weight, two most important of them are Economy (Jobs, Salaries, etc.) and Affordability (Costs and prices), but the system also considers health, weather, commute, crime, taxes and many other variables.

What Are The Best Canadian Cities To Live In? / Drawing, Image, Picture / MapleDude.Ca
Original image by MapleDude.Ca

This rating might be valuable for people who want to move to another city or for new immigrants. Often we just live where we live for a long time without much thinking only because we were born there or because those are the most popular places for immigrants (such as Toronto). At some point of life many people make a decision to move out so they can find a better job, cheaper property and nicer environment.

Let’s take a look at the ranking MoneySence.Ca did, here are top 10 places in different Canadian provinces:

  1. Oakville, ON;
  2. Ottawa, ON;
  3. Russell, ON;
  4. Saint-Bruno-de-Montarville, QC;
  5. Lacombe, AB;
  6. Milton, ON;
  7. Canmore, AB;
  8. Westmount, QC;
  9. Saint-Lambert, QC;
  10. Halton Hills, ON;

Funny thing, eh? You’d expect to see here Toronto, Quebec, Montreal or maybe Vancouver, but they are far down. Toronto on 16-th place, Quebec is on 121, Montreal takes 241th place and a very popular place for Chinese immigrants, Vancouver, takes 88th place.

Oakville takes top because of its amenities, low crime and wealth.
In terms of healthcare and transportation Ottawa is very good. Russell city in Ontario might be the choice for people who want to buy a property. Saint-Bruno-de-Montarville, QC is the same as Oakville, but its stats are a bit lower. Canmore city in Alberta province made it to the top because of its low taxes. Good to know. Westmount, QC is very good for artists, it is also famous for its pleasant community.

If we check the worst cities to live in from this list, most of them located in Nova Scotia, many in Quebec.

Sorry…

Canadian Scam Messages

Canadian Scam Messages / Drawing, picture, image / MapleDude.Ca
Original image by MapleDude.Ca

Tired of scam texts and messages from Canadian banks and CRA (Canada Revenue Agency), so here is the picture to remember this beautiful time when you can feel popular, because you are getting fraud emails and messages everyday from scammers.

p.s. Don’t reply to them and do not click on those links.

Learn more and report it here (if you are in Ontario):

Cannabis and Marijuana in Canada

Cannabis and Marijuana in Canada / Image, picture, drawing / MapleDude.Ca
Mowing that grass

Good news everyone, travel destination #3 in North America just moved to the top as marijuana is now 100% legal in Canada. 

October 17, 2018 was a big day for the country, on that day The Cannabis Act which made Canada one of very few countries (along with Georgia, South Africa and Uruguay) where smoking pot for personal, medical and recreation purposes is not illegal.

There are other places on the globe with limited rights to use the herb, but only small number of countries with full legalization.

Government of Canada points out that there are 3 main reasons to legalize it:

  • Keep it out of the hands of youth;
  • Keep profits out of the pockets of criminals;
  • Protect public health and safety by allowing adults access to legal cannabis.

There are already ads on YouTube with official messages from government, for example in Ontario the ad says that you actually can’t buy weed anywhere and from anyone, you have to buy it from a special governmental store. There are still some reasonable restrictions on where you can vape or smoke it, for instance you can’t use it in indoor common areas, enclosed public places and enclosed work places.

Of course you can’t use it close (<20 m.) to schools and places where children gather. Hospitals, hospices and care homes are also no smoking zones. Plus, it is illegal and dangerous to smoke while you drive.

You can official and legally buy Cannabis in Canada online here:

This is original image and article by MapleDude.Ca.