The USA is not the only geography with upcoming Canon price increases — we can now confirm that Canon Canada has also instituted an across-the-board pricing change that is scheduled to take effect on April 25th, one week from today.

Unlike the situation in the USA, tariffs are not to blame for the Canadian price hike; the Canadian pricing change was decided well before the US tariff announcements. It’s suspected that the Canadian dollar’s progressive weakness versus the Japanese yen over the past year is the primary factor for the Canadian price increase.

The same message goes to our Canadians readers: now is the time to stretch and buy any Canon items that you expect to need in the near future.

After our recent post about upcoming Canon USA price increases, CPW readers have asked about the expected impact to prices on refurbished items from the Canon USA store. The logic goes, since refurbs are already in the USA, they wouldn’t be impacted by the 10% tariff, and thus no price increase, right?

Unfortunately, we expect Canon USA refurbished prices to also increase, in concert with any price/MSRP increase on brand new gear. The reason is simple: refurbished pricing is formulaic, with recent refurbished items pegged to a price of 90% of the price of brand new. For example, the refurbished EOS R5 Mark II has a regular price of $3,869.10, which is exactly 90% of the MSRP of $4299.

Canon can still choose to discount from the “regular refurbished price”, and usually do so to match instant savings for brand new items, or during refurb sales. For example, the refurbished EOS R5 Mark II is currently discounted $270 to $3599 to match a $300 savings brand new ($3999) for the camera.