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Finance committee We were having a fantastic year. Our fiscal year ends April 30, and we know that the next quarter is going to be a very difficult one because we are just closing our spring publication list. All of our prices were set for all of our books, which were acquired 18 to 24 months ago,
November 22nd, 2007Committee meeting
Jordan Fenn
Finance committee As soon as the dollar started to fall, consumers started paying attention to the variance in retail pricing. As a result, publishers had to immediately address this and start to bring our pricing down in line with what's happening in the American market. The result of our prices
November 22nd, 2007Committee meeting
Jordan Fenn
Finance committee No, there's absolutely no law requiring it. I guess it's a historical practice. Publishers have done this for many years. Books have suggested retail pricing. Unlike other items where you'll see one retailer sell a garment at one price and a different retailer sell it at a differ
November 22nd, 2007Committee meeting
Jordan Fenn
Finance committee I'll move on. Is my time up?
November 22nd, 2007Committee meeting
Jordan Fenn
Finance committee Okay, the impact is there. I'll close there. I could go on.
November 22nd, 2007Committee meeting
Jordan Fenn
Finance committee Good afternoon. My name is Jordan Fenn. I am the publisher of Key Porter Books, and I am honoured, having received the invitation to be here today, to present the impact of the strong Canadian dollar on the Canadian publishing industry. Located in Toronto, Key Porter is one o
November 22nd, 2007Committee meeting
Jordan Fenn