Sony has announced that it is raising the price of the PlayStation 4 in Canada from CAD $400 to $450 in order “to respond to changes in the market environment.” The higher price is in effect starting today.

　　“The PlayStation 4 computer entertainment system delivers phenomenal play experiences that will shape the world of games for years to come and has quickly become the next gen console of choice with gamers in Canada,” Sony said in a statement. “To respond to changes in the market environment, the price of PlayStation 4 will be revised from CAD $399.99 to $449.99 MSRP [manufacturer's suggested retail price].”

　　Sony didn’t say that it changed the price because of the declining value of the Canadian dollar compared to the American dollar, but at the current exchange rate CAD $449.99 is equal to around USD $405, which is just about what the console costs in the United States.

　　Sony also said that Infamous: Second Son and MLB 14: The Show, two PlayStation exclusives, will release at the higher price of CAD $70.

　　A Microsoft representative has told the The Financial Post that the company is not raising the price of the Xbox One in Canada, which will stay at CAD $500.

　　Earlier in the week we reported that the PS4 led US hardware sales in February, but only by a narrow margin.

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　　GS News Update - PS4 leads US hardware sales in February, but by narrow margin

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