Hmm...must be Canadian maths Dano? .....or Common Core????....
If you were to "discount the price by 40% for USD" then you would be getting a $1000 CAN product for $600 US. Whereas what you are actually getting is the $1000 CAN product for $710 US @ $.71US= $1CDN
Still dont believe me???
1,000CAD =
705.583USD
1000 USD = 1417.08 CAD
1000 CAD = 705.6765 USDExchange Rates Updated : April 2, 2020
705 USD = 999.0414 CAD
Exchange Rates Updated : April 2, 2020
The context where the 40% is correct is that you are getting 40% more CAN $ for your US $. That is NOT the same as getting a 40% discount on the CAN $. Still dont believe me? Try offering your Forex broker $600 US for $1000 CAN and see what you get....