{"id":29,"date":"2021-07-20T05:26:53","date_gmt":"2021-07-20T05:26:53","guid":{"rendered":"https:\/\/www.ringspo.com\/ca\/?page_id=29"},"modified":"2023-11-10T01:37:08","modified_gmt":"2023-11-10T01:37:08","slug":"importing-diamond-engagement-ring-canada","status":"publish","type":"page","link":"https:\/\/www.ringspo.com\/ca\/importing-diamond-engagement-ring-canada\/","title":{"rendered":"Importing a diamond or engagement ring into Canada"},"content":{"rendered":"<section class=\"gb-container gb-container-b334a3b7 links-color-white\"><div class=\"gb-inside-container\">\n\n<h1 class=\"gb-headline gb-headline-a44d1eb4 gb-headline-text\"><meta charset=\"utf-8\">Importing a diamond ring into Canada<\/h1>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><meta charset=\"utf-8\">Everything you need to know about importing an engagement ring or any other diamond jewelry into Canada<\/h2>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-white-color has-css-opacity has-white-background-color has-background\"\/>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n<div class=\"gb-grid-wrapper gb-grid-wrapper-1598f0ee\">\n<div class=\"gb-grid-column gb-grid-column-3ec5ac76\"><div class=\"gb-container gb-container-3ec5ac76\"><div class=\"gb-inside-container\">\n\n<p>If you are looking for the <a href=\"https:\/\/www.ringspo.com\/ca\/where-to-buy-diamond-engagement-ring\/\" data-lasso-id=\"11\">best places to buy an engagement ring in Canada<\/a> and finding that your local <a href=\"https:\/\/www.ringspo.com\/ca\/peoples-review\/\" data-lasso-id=\"12\">Peoples<\/a>, <a href=\"https:\/\/www.ringspo.com\/ca\/birks-review\/\" data-lasso-id=\"13\">Birks<\/a>, <a href=\"https:\/\/www.ringspo.com\/ca\/charm-diamond-centre\/\" data-lasso-id=\"14\">Charm <\/a>or <a href=\"https:\/\/www.ringspo.com\/ca\/micheal-hill-review\/\" data-lasso-id=\"15\">Michael Hill <\/a>just isn\u2019t cutting it, you may be wondering importing an engagement ring could offer more choice, and better value than local jewellers?<\/p>\n\n\n\n<p class=\"has-base-3-color has-text-color\">The good news is, it almost certainly will.<\/p>\n\n\n\n<p class=\"has-base-3-color has-text-color\">The US is home to the biggest online jewellers in the world, with a huge selection of diamonds that even the best Canadian jewellers just can\u2019t match.<\/p>\n\n\n\n<p class=\"has-base-3-color has-text-color\">Retailers like&nbsp;<a href=\"https:\/\/www.ringspo.com\/recommends\/james-allen-home\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"16\">James Allen<\/a>&nbsp;or&nbsp;<a href=\"https:\/\/www.ringspo.com\/recommends\/be-import-canada\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"17\">Brilliant Earth<\/a>&nbsp;have hundreds of thousands of diamonds available at any one time, which means more choice and more value for you.<\/p>\n\n\n\n<p class=\"has-base-3-color has-text-color\">But there are a few things to think about before deciding whether importing a diamond ring into Canada is the right choice for you.<\/p>\n\n<\/div><\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-262aab0a\"><div class=\"gb-container gb-container-262aab0a\"><div class=\"gb-inside-container\">\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"400\" height=\"371\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/03\/importing-diamond-engagement-ring-to-canada-header-image.png\" alt=\"importing diamond engagement ring to canada header image\" class=\"wp-image-58364\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/03\/importing-diamond-engagement-ring-to-canada-header-image.png 400w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/03\/importing-diamond-engagement-ring-to-canada-header-image-300x278.png 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/figure><\/div>\n<\/div><\/div><\/div>\n<\/div>\n<\/div><\/section>\n\n<div class=\"gb-container gb-container-02f8cced\"><div class=\"gb-inside-container\">\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">1. Foreign Exchange rates<br><\/h2>\n\n\n\n<p>The relative strength of the Canadian dollar to the US$ can play a huge part in how attractive it is to import a diamond or engagement ring into Canada.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"679\" height=\"315\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/11\/CAD-USD-exchange-rate.jpg\" alt=\"CAD USD exchange rate\" class=\"wp-image-59137\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/11\/CAD-USD-exchange-rate.jpg 679w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/11\/CAD-USD-exchange-rate-300x139.jpg 300w\" sizes=\"(max-width: 679px) 100vw, 679px\" \/><figcaption class=\"wp-element-caption\">CAD USD exchange rate<\/figcaption><\/figure><\/div>\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>In the last 12 months since the time of writing, the US dollar has hit the following extremes agains the Canadian dollar:<\/p>\n\n\n\n<ul>\n<li>Low: $1.2476<\/li>\n\n\n\n<li>High: $1.3881<\/li>\n<\/ul>\n\n\n\n<p>This makes a big difference to how much a diamond or engagement ring would cost.<\/p>\n\n\n\n<p>At the $1.2476 rate, a C$10,000 budget would be equal to US$8,015<\/p>\n\n\n\n<p>Conversely, at the $1.3881 rate, your budget in the US would be just US$7,204.<\/p>\n\n\n\n<p>This can make a big difference to the ring that your budget can stretch to.<\/p>\n\n\n\n<p>While foreign exchange rates are outside our control, I wanted to include it to explain that, while I recommend US retailers a lot, they aren\u2019t&nbsp;always&nbsp;the best option.&nbsp;The exchange rate at the time that you are looking to buy will make a big difference to their competitiveness.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2. Duty<\/h3>\n\n\n\n<p>Under the currently valid USMCA regulations, any diamond ring that is manufactured in the US does not have any duty applied to it.<\/p>\n\n\n\n<p>This is consistent with the previous NAFTA trade deal and means that there are no additional taxes applied to a diamond ring bought from the US compared to a local jeweller.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">3. Tax<\/h3>\n\n\n\n<p><strong>Jewellery is still&nbsp;subject to your provinces sales tax<\/strong>, which means there\u2019s no avoiding it unfortunately.. Unless you can organise a sneaky border run.<\/p>\n\n\n\n<p>And depending on where you live and your province\u2019s PST, it may make a big difference about whether it makes more sense to import your engagement ring from the US, or buy locally.<\/p>\n\n\n\n<p>In the sections below, we\u2019ll look at each province and what an example budget of C$10,000 could get you if you were to buy within the US. While your budget may be different to this, it\u2019s a nice round number and a good comparison point for comparing to local retailers.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Calculating the tax to import a ring into Canada<\/h3>\n\n\n\n<p>Working out the exact tax that needs to be paid can be pretty tricky, but&nbsp;<a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/james-allen-tax-calculator\/\" target=\"_blank\" rel=\"noreferrer noopener\">James Allen have provided a great sales tax calculator<\/a>&nbsp;which calculates the tax for every province.<\/p>\n\n\n\n<p>You can enter the cost of your ring and find out the total of the tax and any other charges that will be payable.<\/p>\n\n\n\n<p>Click&nbsp;<a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/james-allen-tax-calculator\/\">here<\/a>&nbsp;to check it out.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/james-allen-tax-calculator\/\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" loading=\"lazy\" width=\"500\" height=\"560\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/james-allen-import-duty-calculator.jpg\" alt=\"james allen import duty calculator\" class=\"wp-image-57866\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/james-allen-import-duty-calculator.jpg 500w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/james-allen-import-duty-calculator-268x300.jpg 268w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/a><\/figure><\/div>\n\n\n<p>In the sections below, we\u2019ll look at each province and what an example budget of C$10,000 could get you if you were to buy within the US. While your budget may be different to this, it\u2019s a nice round number and a good comparison point for comparing to local retailers.<\/p>\n\n\n\n<p>Click below to jump to your province to find out about whether it makes sense to important a diamond or engagement ring:<\/p>\n\n\n\n<ul>\n<li><a href=\"#ontario\">Ontario<\/a><\/li>\n\n\n\n<li><a href=\"#quebec\">Quebec<\/a><\/li>\n\n\n\n<li><a href=\"#bc\">British Columbia<\/a><\/li>\n\n\n\n<li><a href=\"#alberta\">Alberta<\/a><\/li>\n\n\n\n<li><a href=\"#manitoba\">Manitoba<\/a><\/li>\n\n\n\n<li><a href=\"#new-brunswick\">New Brunswick<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.ringspo.com\/importing-diamond-engagement-ring-canada\/#nova-scotia\" data-lasso-id=\"20\">Nova Scotia<\/a><\/li>\n\n\n\n<li><a href=\"#newfoundland-labrador\">Newfoundland and Labrador<\/a><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading ontario\">Importing an engagement ring into Ontario<\/h2>\n\n\n<div class=\"gb-grid-wrapper gb-grid-wrapper-b0c82950\">\n<div class=\"gb-grid-column gb-grid-column-0b4a84ea\"><div class=\"gb-container gb-container-0b4a84ea\"><div class=\"gb-inside-container\">\n\n<p>Whether you are looking for the best place to buy an engagement ring in Toronto, or considering importing a ring in from the US, there\u2019s one thing that is difficult to avoid: HST.<\/p>\n\n\n\n<p>The 13% isn\u2019t&nbsp;<em>quite<\/em>&nbsp;as bad as some other provinces, but it still affects how far a budget will go. If we look at a total theoretical budget of C$10,000 then we need to allow C$1,050 to cover taxes. This leaves us C$8,850 for the ring itself.<\/p>\n\n<\/div><\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-4684b227\"><div class=\"gb-container gb-container-4684b227\"><div class=\"gb-inside-container\">\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"263\" height=\"260\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/Ontario.jpg\" alt=\"Ontario\" class=\"wp-image-57236\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/Ontario.jpg 263w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/Ontario-65x65.jpg 65w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/Ontario-50x50.jpg 50w\" sizes=\"(max-width: 263px) 100vw, 263px\" \/><\/figure><\/div>\n<\/div><\/div><\/div>\n<\/div>\n\n\n<p>So what can this budget get us from a US-based retailer?<\/p>\n\n\n\n<p>By buying smart, this budget can deliver a stunning ring. It can accommodate a 1 carat diamond with an \u2018ideal\u2019 cut great and good colour and clarity, plus a pav\u00e9 setting that adds additional carat weight too.<\/p>\n\n\n\n<p>With nearly the 1\/4 of a carat in the setting, the ring has a total carat weight of diamonds of 1.23 carats:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1000\" height=\"454\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/brilliant-earth-ontario-diamond-alternative-1.jpg\" alt=\"brilliant earth ontario diamond alternative 1\" class=\"wp-image-57306\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/brilliant-earth-ontario-diamond-alternative-1.jpg 1000w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/brilliant-earth-ontario-diamond-alternative-1-300x136.jpg 300w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/brilliant-earth-ontario-diamond-alternative-1-768x349.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>The diamond itself is $7,140, while the setting is $1,300, for a total of $8,440.<\/p>\n\n\n\n<p>If you\u2019re considering buying your engagement ring within Canada and want to know whether it makes sense to buy locally or import, then this ring is a good one to compare against.<\/p>\n\n\n\n<p>If we look at a local jeweller in Toronto, a similarly specced 1.01 carat diamond costs $7,950 (note, this doesn\u2019t include HST):<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"800\" height=\"492\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/toronto-comparison-1.jpg\" alt=\"toronto comparison 1\" class=\"wp-image-57293\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/toronto-comparison-1.jpg 800w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/toronto-comparison-1-300x185.jpg 300w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/toronto-comparison-1-768x472.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure><\/div>\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>A pav\u00e9 setting costs $1,494 (although this one has 14k white gold instead of the 18k white gold in the Brilliant Earth setting):<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1000\" height=\"545\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/toronto-jeweller-setting.jpg\" alt=\"toronto jeweller setting\" class=\"wp-image-57294\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/toronto-jeweller-setting.jpg 1000w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/toronto-jeweller-setting-300x164.jpg 300w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/toronto-jeweller-setting-768x419.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>The total for this ring is therefore $9,444 \u2013 $1,004 more than a similarly specced ring from&nbsp;<a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/brilliant-earth-home-canada\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"21\">Brilliant Earth<\/a>.<\/p>\n\n\n\n<p>If you\u2019re looking to get the most value possible, and avoid overpaying, it would definitely be worth consider importing a diamond ring into Ontario, rather that buying locally \u2013 the money you save could be put towards an incredible proposal, or your wedding.<\/p>\n\n\n\n<p>Your budget and what you are looking for will be different to the example used, but to see how your budget will be affected by taxes, it\u2019s a good idea to use the <a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/james-allen-tax-calculator\/\">tax calculator&nbsp;here<\/a>.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"quebec\">Importing an engagement ring into Qu\u00e9bec<\/h2>\n\n\n<div class=\"gb-grid-wrapper gb-grid-wrapper-d444ae6f\">\n<div class=\"gb-grid-column gb-grid-column-ef30aea3\"><div class=\"gb-container gb-container-ef30aea3\"><div class=\"gb-inside-container\">\n\n<p>As I\u2019m sure you\u2019re aware, Quebec has one of the highest rates of taxes on products in the country, with 14.975% being levied across everything when GST and QST are considered together.<\/p>\n\n\n\n<p>And whether you\u2019re looking to buy locally, or import from abroad, taxes will need to be paid. &nbsp;If we take a theoretical total budget of C10,000, we need to allow for $1,300 within this.<\/p>\n\n<\/div><\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-6a84e649\"><div class=\"gb-container gb-container-6a84e649\"><div class=\"gb-inside-container\">\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"263\" height=\"258\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/Quebec.jpg\" alt=\"Quebec\" class=\"wp-image-57237\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/Quebec.jpg 263w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/Quebec-65x65.jpg 65w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/Quebec-50x50.jpg 50w\" sizes=\"(max-width: 263px) 100vw, 263px\" \/><\/figure><\/div>\n<\/div><\/div><\/div>\n<\/div>\n\n\n<p>This leaves a budget of C$8,700, or around $6,700 at a 1.3 exchange rate.<\/p>\n\n\n\n<p>If you were to from one of my recommended retailers, your budget would stretch to a 1.07 carat center diamond, graded by the GIA, with H color and VS2 clarity on a simple, 18k white gold solitaire setting:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1000\" height=\"555\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/quebec-diamond-importing-alternative-1.jpg\" alt=\"quebec diamond importing alternative 1\" class=\"wp-image-57309\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/quebec-diamond-importing-alternative-1.jpg 1000w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/quebec-diamond-importing-alternative-1-300x167.jpg 300w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/quebec-diamond-importing-alternative-1-768x426.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>The cost for the diamond os $8,035, while the setting is $620.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Buying an engagement ring in Quebec vs. importing<\/h3>\n\n\n\n<p>Buying a diamond ring in Montreal is likely to be&nbsp;<strong>far more expensive<\/strong>&nbsp;than importing from the US.<\/p>\n\n\n\n<p>Looking at Philippe &amp; Co, a jeweller based in Montreal, they are charging $10,360 for a 1 carat solitaire setting with worse quality \u2013 only SI1 clarity and \u2018very good\u2019 cut:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1000\" height=\"526\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/quebec-local-jeweler.jpg\" alt=\"quebec local jeweler\" class=\"wp-image-57297\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/quebec-local-jeweler.jpg 1000w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/quebec-local-jeweler-300x158.jpg 300w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/quebec-local-jeweler-768x404.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>This price also doesn\u2019t include tax, which would bring the total up to $11,911:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"975\" height=\"471\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/qubec-local-jeweller-including-tax-e1605764028185-1.jpg\" alt=\"qubec local jeweller including tax e1605764028185 1\" class=\"wp-image-58049\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/qubec-local-jeweller-including-tax-e1605764028185-1.jpg 975w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/qubec-local-jeweller-including-tax-e1605764028185-1-300x145.jpg 300w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/qubec-local-jeweller-including-tax-e1605764028185-1-768x371.jpg 768w\" sizes=\"(max-width: 975px) 100vw, 975px\" \/><\/figure><\/div>\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Buying locally within Montreal could therefore cost you $2,000 more than buying from a US-based retailer like&nbsp;<a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/brilliant-earth-home-canada\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"23\">Brilliant Earth<\/a>.<\/p>\n\n\n\n<p>Your budget and what you are looking for will be different to the example used, but to see how your budget will be affected by taxes, it\u2019s a good idea to use the <a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/james-allen-tax-calculator\/\" target=\"_blank\" rel=\"noreferrer noopener\">James Allen sales tax calculator<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"bc\">Importing an engagement ring into British Columbia<\/h2>\n\n\n<div class=\"gb-grid-wrapper gb-grid-wrapper-41697d8b\">\n<div class=\"gb-grid-column gb-grid-column-de62e40f\"><div class=\"gb-container gb-container-de62e40f\"><div class=\"gb-inside-container\">\n\n<p>When Importing a diamond or engagement ring into BC, we need to take into account both the 7% PST and the 5% GST, which does eat into the budget available for the ring itself.<\/p>\n\n\n\n<p>If you have a budget of CA$10,000, for example, then around $1,070 of this will be eaten up by sales taxes, leaving you with a budget of CA$8,930<\/p>\n\n<\/div><\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-bfb9bf52\"><div class=\"gb-container gb-container-bfb9bf52\"><div class=\"gb-inside-container\">\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"264\" height=\"258\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/british-columbia.jpg\" alt=\"british columbia\" class=\"wp-image-57231\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/british-columbia.jpg 264w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/british-columbia-65x65.jpg 65w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/british-columbia-50x50.jpg 50w\" sizes=\"(max-width: 264px) 100vw, 264px\" \/><\/figure><\/div>\n<\/div><\/div><\/div>\n<\/div>\n\n\n<p>This is the case whether you buy in the Canada or the US, but it\u2019s helpful to know this number when shopping on US websites to gauge your price.<\/p>\n\n\n\n<p>So, what can a budget of nearly CA$9,000 get you from a US retailer?<\/p>\n\n\n\n<p>It can get a great ring! This budget allows for a 1 carat round brilliant with \u2018ideal\u2019 cut grade, plus a halo setting with an additional 1\/5 of a carat of melee diamonds set into the halo and band, for a total of 1.2 carats:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1000\" height=\"514\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/vancouver-diamond-ring-alternative.jpg\" alt=\"vancouver diamond ring alternative\" class=\"wp-image-57300\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/vancouver-diamond-ring-alternative.jpg 1000w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/vancouver-diamond-ring-alternative-300x154.jpg 300w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/vancouver-diamond-ring-alternative-768x395.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>If we look at a Vancouver based retailer, \u2018Vancouver diamonds\u2019, they are charging $8,487 for a 1 carat, excellent cut, VS1 clarity, H colour diamond:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1000\" height=\"517\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/vancouver-diamond-cost-1.jpg\" alt=\"vancouver diamond cost 1\" class=\"wp-image-57301\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/vancouver-diamond-cost-1.jpg 1000w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/vancouver-diamond-cost-1-300x155.jpg 300w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/vancouver-diamond-cost-1-768x397.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>This is a great spec for a ring which delivers high quality without asking you to spend more on things that don&#8217;t make a visible difference to what the ring looks like. If you aren&#8217;t sure why this spec is so good, there are many <a href=\"https:\/\/jewellerycanada.ca\/education\/\" target=\"_blank\" rel=\"noreferrer noopener\">excellent guides to diamond quality, etc online<\/a>.<\/p>\n\n\n\n<p>This retailer doesn\u2019t provide prices for settings on its website, but the fact that the diamond is $1,300 more expensive than the diamond from\u00a0<a rel=\"noopener\" data-lasso-id=\"25\" href=\"https:\/\/www.ringspo.com\/ca\/recommends\/brilliant-earth-home-canada\/\" target=\"_blank\">Brilliant Earth<\/a>\u00a0reinforces the value that buying an engagement ring online and importing it into British Columbia can deliver.<\/p>\n\n\n\n<p>Your budget and what you are looking for will be different to the example used, but to see how your budget will be affected by taxes, it\u2019s a good idea to use the <a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/james-allen-tax-calculator\/\">sales tax calculator&nbsp;here<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"alberta\">Importing an engagement ring into Alberta<\/h2>\n\n\n<div class=\"gb-grid-wrapper gb-grid-wrapper-478605b7\">\n<div class=\"gb-grid-column gb-grid-column-9446e87a\"><div class=\"gb-container gb-container-9446e87a\"><div class=\"gb-inside-container\">\n\n<p>As I\u2019m sure you\u2019re aware, Alberta is one of the only provinces that doesn\u2019t have a Provincial Sales Tax on top of the national GST, which leaves you more budget for your ring.. Bonus!<\/p>\n\n\n\n<p>With just the 5% GST to pay, if you wanted to spend CA$10,000 on your ring, then around C$470 of your budget would need to be put aside for tax, leaving CA$9,530 to purchase the ring itself.<\/p>\n\n<\/div><\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-eb1f0516\"><div class=\"gb-container gb-container-eb1f0516\"><div class=\"gb-inside-container\">\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"255\" height=\"257\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/Alberta-1.jpg\" alt=\"Alberta 1\" class=\"wp-image-57302\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/Alberta-1.jpg 255w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/Alberta-1-150x150.jpg 150w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/Alberta-1-65x65.jpg 65w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/Alberta-1-50x50.jpg 50w\" sizes=\"(max-width: 255px) 100vw, 255px\" \/><\/figure><\/div>\n<\/div><\/div><\/div>\n<\/div>\n\n\n<p>Getting an engagement ring budget to match a budget exactly can be difficult because it depends on the availability of the diamonds in the market at that time, but a CA$10,000 budget could stretch to a solitaire diamond engagement ring with the following specs:<\/p>\n\n\n\n<ul>\n<li>Carat: 1.20<\/li>\n\n\n\n<li>Color: H<\/li>\n\n\n\n<li>Clarity: VS1<\/li>\n\n\n\n<li>Cut: Ideal<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1000\" height=\"477\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/buy-diamond-ring-in-alberta.jpg\" alt=\"buy diamond ring in alberta\" class=\"wp-image-57303\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/buy-diamond-ring-in-alberta.jpg 1000w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/buy-diamond-ring-in-alberta-300x143.jpg 300w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/buy-diamond-ring-in-alberta-768x366.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Looking at an Edmonton jeweller and a 1.2 carat, VS1, H colour diamond is price at $11,073, not even including the setting:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1000\" height=\"386\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/alberta-local-jeweller-2.jpg\" alt=\"alberta local jeweller 2\" class=\"wp-image-57304\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/alberta-local-jeweller-2.jpg 1000w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/alberta-local-jeweller-2-300x116.jpg 300w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/alberta-local-jeweller-2-768x296.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Comparing this with the $9,505 that&nbsp;<a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/brilliant-earth-home-canada\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"27\">Brilliant Earth<\/a>&nbsp;are asking, it\u2019s clear than buying an engagement ring online and importing it into Alberta can deliver significantly more value.<\/p>\n\n\n\n<p>Your budget and what you are looking for will be different to the example used, but to see how your budget will be affected by taxes, it\u2019s a good idea to use the <a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/james-allen-tax-calculator\/\">James Allen sales tax<\/a> calculator.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"manitoba\">Importing an engagement ring into Manitoba<\/h2>\n\n\n<div class=\"gb-grid-wrapper gb-grid-wrapper-b2c88010\">\n<div class=\"gb-grid-column gb-grid-column-13d86e41\"><div class=\"gb-container gb-container-13d86e41\"><div class=\"gb-inside-container\">\n\n<p>If you are looking to import a diamond engagement ring into Manitoba, you\u2019ll need to allow for 5% GST and 8% PST, just as you would if you were buying within the province.<\/p>\n\n\n\n<p>When shopping at US retailers, you\u2019ll need to allow for this in their pricing. If we take a total budget of C$10,000, for example, then we need to allow C$1,050 to cover taxes. This leaves us C$8,850 for the ring itself, or around US$6,800 at a 1.3 exchange rate.<\/p>\n\n<\/div><\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-1ef0d949\"><div class=\"gb-container gb-container-1ef0d949\"><div class=\"gb-inside-container\">\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"254\" height=\"255\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/Manitoba-1.jpg\" alt=\"Manitoba 1\" class=\"wp-image-57305\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/Manitoba-1.jpg 254w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/Manitoba-1-150x150.jpg 150w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/Manitoba-1-65x65.jpg 65w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/Manitoba-1-50x50.jpg 50w\" sizes=\"(max-width: 254px) 100vw, 254px\" \/><\/figure><\/div>\n<\/div><\/div><\/div>\n<\/div>\n\n\n<p>So what can this budget get us from a US-based retailer?<\/p>\n\n\n\n<p>By buying smart, this budget can deliver a stunning ring. It can accommodate a 1 carat diamond with an \u2018ideal\u2019 cut great and good colour and clarity, plus a halo setting that adds additional carat weight too.<\/p>\n\n\n\n<p>With the 1\/4 of a carat in the setting, the ring has a total carat weight of diamonds of 1.25 carats.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1000\" height=\"454\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/brilliant-earth-ontario-diamond-alternative-1.jpg\" alt=\"brilliant earth ontario diamond alternative 1\" class=\"wp-image-57306\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/brilliant-earth-ontario-diamond-alternative-1.jpg 1000w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/brilliant-earth-ontario-diamond-alternative-1-300x136.jpg 300w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/brilliant-earth-ontario-diamond-alternative-1-768x349.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>If you\u2019re considering buying your engagement ring within Canada and want to know whether it makes sense to buy locally or import, then this ring is a good one to compare against.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Buying an engagement ring in Winnipeg vs. importing<\/h3>\n\n\n\n<p>To compare, I found a Manitoba-based jeweller to see how a local retailer compared.<\/p>\n\n\n\n<p>Looking for a diamond with similar carat weight and quality, the local Winnipeg jewellers were noticeably more expensive. A 1 carat GIA graded stone with H color and lower clarity \u2013 SI1 \u2013 was $11,700:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"800\" height=\"432\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/manitoba-local-engagement-ring-example-1.jpg\" alt=\"manitoba local engagement ring example 1\" class=\"wp-image-57307\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/manitoba-local-engagement-ring-example-1.jpg 800w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/manitoba-local-engagement-ring-example-1-300x162.jpg 300w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/manitoba-local-engagement-ring-example-1-768x415.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure><\/div>\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Once the cost of the setting is added, this will be even more expensive than the&nbsp;<a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/brilliant-earth-home-canada\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"29\">Brilliant Earth<\/a>&nbsp;ring \u2013 if you are in Manitoba and you are keen to get the most most value possible, it would definitely be worth consider importing a diamond ring into Canada, rather that buying locally.<\/p>\n\n\n\n<p>Your budget and what you are looking for will be different to the example used, but to see how your budget will be affected by taxes, it\u2019s a good idea to use the tax calculator&nbsp;<a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/james-allen-tax-calculator\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"new-brunswick\">Importing an engagement ring into New-Brunswick<\/h2>\n\n\n<div class=\"gb-grid-wrapper gb-grid-wrapper-1c7893a4\">\n<div class=\"gb-grid-column gb-grid-column-c3587663\"><div class=\"gb-container gb-container-c3587663\"><div class=\"gb-inside-container\">\n\n<p>Just as if you were buying your engagement ring in New Brunswick, if you are looking to import a diamond or a ring then you will need to allow for the local taxes within your budget.<\/p>\n\n\n\n<p>In New Brunswick, we therefore need to allow for the 15% HST, which takes a bit of a bite out of our budget. If we look at a theoretical C$10,000 for our engagement ring, we will need to allow $1,305 to cover the HST. This leaves us with C$8,695 for the ring itself, or around US$6,690.<\/p>\n\n<\/div><\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-591a5eb0\"><div class=\"gb-container gb-container-591a5eb0\"><div class=\"gb-inside-container\">\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"255\" height=\"257\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/New-Brunswick.jpg\" alt=\"New Brunswick\" class=\"wp-image-57233\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/New-Brunswick.jpg 255w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/New-Brunswick-150x150.jpg 150w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/New-Brunswick-65x65.jpg 65w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/New-Brunswick-50x50.jpg 50w\" sizes=\"(max-width: 255px) 100vw, 255px\" \/><\/figure><\/div>\n<\/div><\/div><\/div>\n<\/div>\n\n\n<p>What does this budget buy us and how does it compare to buying a diamond ring within New Brunswick?<\/p>\n\n\n\n<p>If you were to from one of my recommended retailers, your budget would stretch to a 1.07 carat center diamond on a simple, 18k white gold solitaire setting:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1000\" height=\"555\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/quebec-diamond-importing-alternative-1.jpg\" alt=\"quebec diamond importing alternative 1\" class=\"wp-image-57309\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/quebec-diamond-importing-alternative-1.jpg 1000w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/quebec-diamond-importing-alternative-1-300x167.jpg 300w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/quebec-diamond-importing-alternative-1-768x426.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Buying an engagement ring in New Brunswick vs. importing<\/h3>\n\n\n\n<p>If you were to buy a diamond within New Brunswick, it\u2019s unlikely that you would be able to match the value offered by US retailers.<\/p>\n\n\n\n<p><a rel=\"noopener\" href=\"https:\/\/www.mageejewellers.com\/diamonds\/?cut=RD&amp;price_0=2100&amp;price_1=258968&amp;carat_weight_0=1&amp;carat_weight_1=5&amp;color_0=H&amp;color_1=D&amp;cut_grade_0=EX&amp;cut_grade_1=I&amp;clarity_0=VVS2&amp;clarity_1=FL&amp;polish_0=&amp;polish_1=&amp;symmetry_0=&amp;symmetry_1=&amp;fluorescence_0=&amp;fluorescence_1=&amp;certifier=6\" target=\"_blank\" data-lasso-id=\"31\">Searching on a local Fredericton-based jewellers<\/a>, shows that a 1 carat stone with GIA certification and similar specs for quality as the&nbsp;<a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/brilliant-earth-home-canada\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"32\">Brilliant Earth<\/a>&nbsp;diamond starts at around&nbsp; C$9,500 on its own, and then increases. Plus the cost of a setting. Plus taxes.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"800\" height=\"485\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/new-brunswick-local-retailer-2.jpg\" alt=\"new brunswick local retailer 2\" class=\"wp-image-57311\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/new-brunswick-local-retailer-2.jpg 800w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/new-brunswick-local-retailer-2-300x182.jpg 300w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/new-brunswick-local-retailer-2-768x466.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure><\/div>\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>It therefore appears that importing an engagement ring into New Brunswick will allow you to get a larger, and higher quality diamond than buying locally.<\/p>\n\n\n\n<p>Your budget and what you are looking for will be different to the example used, but to see how your budget will be affected by taxes, it\u2019s a good idea to use the <a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/james-allen-tax-calculator\/\" target=\"_blank\" rel=\"noreferrer noopener\">James Allen taxes calculator&nbsp;here<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"nova-scotia\">Importing an engagement ring into Nova Scotia<\/h2>\n\n\n<div class=\"gb-grid-wrapper gb-grid-wrapper-acb38466\">\n<div class=\"gb-grid-column gb-grid-column-1731e4f3\"><div class=\"gb-container gb-container-1731e4f3\"><div class=\"gb-inside-container\">\n\n<p>Whether you are looking to buy an engagement ring in Halifax, or import one from the USA, there is no escaping HST. The 15% haircut definitely affects the buying power when it comes to engagement rings.<\/p>\n\n\n\n<p>Looking at an example budget of $10,000, we need to allow $1,305 for HST, which leaves us with C$8,695 for the ring itself, or around US$6,690.<\/p>\n\n<\/div><\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-354607d1\"><div class=\"gb-container gb-container-354607d1\"><div class=\"gb-inside-container\">\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"263\" height=\"190\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/nova-scotia.jpg\" alt=\"nova scotia\" class=\"wp-image-57235\"\/><\/figure><\/div>\n<\/div><\/div><\/div>\n<\/div>\n\n\n<p>What does this budget buy us and how does it compare to buying a diamond ring within Nova Scotia?<\/p>\n\n\n\n<p>If you were to from one of my recommended retailers, your budget would stretch to a 1.07 carat center diamond on a classic, 18k white gold solitaire setting:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1000\" height=\"555\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/quebec-diamond-importing-alternative-1.jpg\" alt=\"quebec diamond importing alternative 1\" class=\"wp-image-57309\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/quebec-diamond-importing-alternative-1.jpg 1000w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/quebec-diamond-importing-alternative-1-300x167.jpg 300w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/quebec-diamond-importing-alternative-1-768x426.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>While this budget and style of setting from&nbsp;<a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/brilliant-earth-home-canada\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"34\">Brilliant Earth<\/a>&nbsp;may not be exactly what you are looking for, this price is a good yardstick to measure local jewellers against.<\/p>\n\n\n\n<p>Your budget and what you are looking for will be different to the example used, but to see how your budget will be affected by taxes, it\u2019s a good idea to use the tax calculator&nbsp;<a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/james-allen-tax-calculator\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"newfoundland-labrador\">Importing an engagement ring into Newfoundland and Labrador<\/h2>\n\n\n<div class=\"gb-grid-wrapper gb-grid-wrapper-2c90f03f\">\n<div class=\"gb-grid-column gb-grid-column-29707b55\"><div class=\"gb-container gb-container-29707b55\"><div class=\"gb-inside-container\">\n\n<p>When it comes to jewellery, there\u2019s no avoiding HST, whether you are buying your diamond ring within the province, or importing it from the USA.<\/p>\n\n\n\n<p>When calculating your budget, you therefore need to allow for HST when determining just what you will be able to get for your budget.<\/p>\n\n\n\n<p>If we look at an example budget of C$5,000, allowing for 15% HST gives us around C$4,350 for the diamond and ring setting, which equates to around US$3,346 at a 1.3 exchange rage.<\/p>\n\n<\/div><\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-aede644c\"><div class=\"gb-container gb-container-aede644c\"><div class=\"gb-inside-container\">\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"263\" height=\"262\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/newfoundland-1.jpg\" alt=\"newfoundland 1\" class=\"wp-image-57314\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/newfoundland-1.jpg 263w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/newfoundland-1-150x150.jpg 150w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/newfoundland-1-65x65.jpg 65w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/newfoundland-1-50x50.jpg 50w\" sizes=\"(max-width: 263px) 100vw, 263px\" \/><\/figure><\/div>\n<\/div><\/div><\/div>\n<\/div>\n\n\n<p>What does this budget buy us and how does it compare to buying a diamond ring within Newfoundland?<\/p>\n\n\n\n<p>If you were to from one of my recommended retailers, your budget would stretch to a 0.71 carat GIA graded center stone with super ideal cut, F colour and VS2 clarity, plus a halo setting with an additional 1\/4 carat of diamonds in the setting to bring it to 0.96 carats.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1000\" height=\"500\" src=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/newfoundland-diamond-importing-alternative.jpg\" alt=\"newfoundland diamond importing alternative\" class=\"wp-image-57315\" srcset=\"https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/newfoundland-diamond-importing-alternative.jpg 1000w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/newfoundland-diamond-importing-alternative-300x150.jpg 300w, https:\/\/www.ringspo.com\/ca\/wp-content\/uploads\/sites\/6\/2022\/02\/newfoundland-diamond-importing-alternative-768x384.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure><\/div>\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>While this budget and style of setting from <a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/brilliant-earth-home-canada\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"36\">Brilliant Earth<\/a>&nbsp;may not be exactly what you are looking for in terms of budget or ring style, it\u2019s a good yardstick to judge local retailers against.<\/p>\n\n\n\n<p>Your budget and what you are looking for will be different to the example used, but to see how your budget will be affected by taxes, it\u2019s a good idea to use the tax calculator&nbsp;<a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/james-allen-tax-calculator\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Should you import an engagement ring into Canada?<\/h2>\n\n\n\n<p>Whether importing your diamond ring into Canada is right for you is a decision I can\u2019t help with, unfortunately. But I would say that before you decide either way, you have a look at US retailers and see how they compare to local jewellers.<\/p>\n\n\n\n<p>Importing and engagement ring won\u2019t<em>&nbsp;always<\/em>&nbsp;be the best option. It depends on many factors, including the particular ring that you are looking at and then bigger factors like current exchange rates too.<\/p>\n\n\n\n<p>Two of the retailers I recommend the most when helping people import a diamond from the US to Canada are <a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/brilliant-earth-home-canada\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"38\">Brilliant Earth<\/a> and <a href=\"https:\/\/www.ringspo.com\/ca\/recommends\/james-allen-home\/\" target=\"_blank\" rel=\"noopener\" data-lasso-id=\"39\">James Allen<\/a> and I have specific guides to everything you need to know about importing a diamond ring from each of these retailers here:<\/p>\n\n\n\n<ul>\n<li><a href=\"https:\/\/www.ringspo.com\/ca\/brilliant-earth-canada\/\" data-lasso-id=\"40\">Brilliant Earth Canada guide<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.ringspo.com\/ca\/james-allen-canada\/\" data-lasso-id=\"41\">James Allen Canada guide<\/a><\/li>\n<\/ul>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<\/div><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Importing a diamond ring into Canada Everything you need to know about importing an engagement ring or any other diamond jewelry into Canada 1. Foreign &#8230; <a title=\"Importing a diamond or engagement ring into Canada\" class=\"read-more\" href=\"https:\/\/www.ringspo.com\/ca\/importing-diamond-engagement-ring-canada\/\" aria-label=\"More on Importing a diamond or engagement ring into Canada\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"Importing a diamond or engagement ring into Canada","_seopress_titles_desc":"Ultimate guide to importing a diamond or engagement ring into Canada. Find out how much tax you&#039;ll pay and where to get the best deal ","_seopress_robots_index":""},"_links":{"self":[{"href":"https:\/\/www.ringspo.com\/ca\/wp-json\/wp\/v2\/pages\/29"}],"collection":[{"href":"https:\/\/www.ringspo.com\/ca\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.ringspo.com\/ca\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.ringspo.com\/ca\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ringspo.com\/ca\/wp-json\/wp\/v2\/comments?post=29"}],"version-history":[{"count":2,"href":"https:\/\/www.ringspo.com\/ca\/wp-json\/wp\/v2\/pages\/29\/revisions"}],"predecessor-version":[{"id":59185,"href":"https:\/\/www.ringspo.com\/ca\/wp-json\/wp\/v2\/pages\/29\/revisions\/59185"}],"wp:attachment":[{"href":"https:\/\/www.ringspo.com\/ca\/wp-json\/wp\/v2\/media?parent=29"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}