Apple announced that they would be increasing the prices in the app store in several territories including Canada.
According to a letter sent out on Wednesday, the unspecified price increase in Canada, Norway and European Union countries would take effect within 36 hours.
“Within the next 36 hours, prices on the App Store will increase for all territories in the European Union as well as in Canada and Norway, decrease in Iceland, and change in Russia,” the company said in an email to app developers. These changes are being made to account for adjustments in value-added tax (VAT) rates and foreign exchange rates.”
Apple said foreign exchange rates were triggering the increase in Canada.
Developers don’t have the option to pick any price they want for Apps on the store, instead being limited to a series of tiers which are linked across nations. The cheapest apps are currently $0.99, €0.99 and £0.69 (the latter two prices converting to $1.17 and £1.04 respectively), with prices increasing at different rates from there: a doubling in dollars to $1.99 more than doubles the British price, to £1.49 ($2.25), and less than doubles the European price to €1.79 ($2.12).
The loonie touched a low today of 84.27 cents U.S., and a high of 84.64 cents. By late afternoon, it sat just above 84.5 cents.
Microsoft has clarified that it will be changing prices for Skype as of January 1 2015 to fall in line with per-country VAT rates, rather than the previous flat 15 percent VAT it used.