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Malone Golf Club General Manager Derek Sprague said the club has had strong Canadian play for all 20 years he has been at the club. The club offers stay-n-play package rates at par to encourage that trend, and also advertises in the Montreal and Ottawa markets.
Staff Photo/Dan Heath /


Comfort Inn co-owner Terry Meron said area hotel owners had a good summer, a lot of which was attributable to the a strong exchange rate for Canadian dollars.
Staff Photo/Michael Betts /


Liquor and Wine Warehouse owner Steve Carpenter said sales to Canadian customers incresed by about 80 percent this summer from a year ago. He said that was due in part to the favorable exchange rate, but also that high gas prices kept people closer to home. That benefitted Plattsburgh, as it is only 60 miles from Montreal.

She is looking forward to next year, because of the stronger Canadian dollar and the occupancy tax recently approved for Clinton County.

"We now have more money to market to those people and bring them down here," she said.

International Currency Exchange is temporarily located next to the Service Desk at Champlain Centre, in front of the interior entrance to Dick's Sporting Goods.

Co-owner Nadim Dergham said he changes money for both local businesses and individuals.

"Business has increased with most retail stores," he said. "It has also increased with Canadian consumers who exchange money."

International Currency Exchange exchanges Canadian and U.S. dollars and also Euros.

On Sept. 24, its exchange rate for a Canadian dollar was 94 cents U.S. and a U.S. dollar was worth $1.02 Canadian.

He said some former customers are having trouble finding the shop in its new location, after the former location at the corner of Smithfield Boulevard and Route 3 was torn down. The shop will have its own space between D & D Unisex salon and the food court starting Oct. 1

Malone Golf Club General Manager Derek Sprague said the number of Canadian golfers at the club has increased slightly this summer, in spite of high gas prices.

"The price of gas has impacted our business more than the dollar," he said. "The Canadian dollar has helped make it easier for people to come across the border to spend money."

Sprague said the Canadian dollar weakened during the summer, to a low of 93 cents on Aug. 8 and 92 cents on Sept. 11 and Sept. 17. It had risen to almost 97 cents on Sept. 24.

In May, the Canadian dollar was worth more than its U.S. counterpart. It peaked at $1.01 on May 29.

The club gets its exchange rate information from www.x-rates.com.

He said the club's market extends about 75-100 miles across the border, and includes the greater Montreal and Ottawa areas. A round trip from those areas can mean up to $30 in fuel, which has to be factored in when a Canadian golfer decides to play Malone.

The club offers its golf and motel package rates at par to take advantage of that market, Sprague said. It also advertises in both regions, mainly print advertising in the Ottawa area and through whichever local television channel is carrying golf coverage.



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