As most of our Canadian customers know, REW (Real Estate Webmasters) is a Canadian owned company that while we are global in our customer base, the vast majority of our customers and revenue is derived in the US.
As such, REW also charges/normalizes our fees in US dollars.
For Canadian customers with Canadian dollar accounts, what this has historically meant is that on a quarterly basis, we adjust our exchange rates and convert the USD to the Canadian dollar to establish a CAD pricing equivalent.
The trigger for such changes is a change +/- $.05 USD to Canadian currency.
The quarter-end is coming up, and we are due for a rate adjustment calculation. Of course, every single person on the planet has been paying attention to the news (especially…