Book hoarder that I am, I tend to buy most things second-hand, occasionally remaindered, almost always paperback, ideally pocketbook. But never hot-off-the-shelf hardcover. Okay, occasionally. When Bob Dylan’s Chronicles came out a couple of years ago, I bought it after work on the first day and actually refused to return home without a newly-minted copy in my backpack. (It’s an obsession. I’m handling it.)
The portability of paperbacks and the affordability of second-hand makes for an appealing combination. But the odd time that I do dig into my wallet for something new, especially a new hardcover, I’m astounded by the cost. This might sound a bit trite. The high cost of newly published books is hardly news. But I look at the price on the jacket and I see a massive difference between the US dollar cost and the Canadian dollar cost. This difference bears no resemblance to the 2007 economy.
Less than five years ago, the Canadian dollar was sitting at around 65 cents US. In recent years, it’s been inching its way up and now sits at around 95 cents US. So you’d think that a new hardcover sold here in Canada would be only slightly more expensive than the same book in a US store. How then do bookshops and the publishing industry justify the 30 per cent premium that Canadians are often paying?
A recent article from the Globe and Mail examines this phenomenon and explores the actions that Canadian booksellers are taking to bring book prices more in line with economic reality. And, in the process, corral more wayward book-buyers like myself, into their stores.
With any luck, this matter will be resolved by the time Dylan’s Chronicles Volume Two comes out.