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| Canon USA informing dealers of upcoming price jump |
| Friday, April 25, 2008 | by Rob Galbraith |
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Canon USA is in the process of informing U.S. dealers about upcoming price increases on a broad range of its camera gear. Starting May 1, 2008, dealers will pay 3-5% more to Canon for most Canon EF lenses and all Canon EOS and PowerShot accessories (plus all Canon binoculars too). The dealer net on Canon digital SLRs is unchanged.
The price jump is attributed to "rising fuel prices" and "unfavorable exchange rates," says an April 24, 2008 letter from Canon USA to its network of retailers. Canon Canada is also raising the dealer net on a similar range of camera products, starting May 5, 2008.
These price changes may or may not be occurring in other world regions; each Canon sales company makes these types of price adjustments independently.
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