Sony's PlayStation 4 going up $50

A controller of a PlayStation 4 is pictured at the Sony exhibition stand during the Gamescom 2013...

A controller of a PlayStation 4 is pictured at the Sony exhibition stand during the Gamescom 2013 fair in Cologne Aug. 21, 2013. REUTERS/Ina Fassbender

Steve Tilley, QMI Agency

, Last Updated: 4:55 PM ET

Canadian video game fans who have been trying in vain to get their mitts on the perpetually sold-out PlayStation 4 console better brace for some more bad news: when they finally do find one, it’s going to cost more.

Sony Computer Entertainment Canada confirmed Friday that the price of the PS4 in Canada will rise $50, from $399.99 to $449.99, effective Saturday. The price of the DualShock 4 controller and PlayStation Camera will each rise $5 to $64.99.

In a statement, Sony said the price increases in Canada are “to respond to changes in the market environment,” although the declining value of the Canadian dollar against the American greenback wasn’t specifically cited as a reason.

The price jump follows a similar increase on many newly released games for both the PS4 and Microsoft’s rival Xbox One console, from $59.99 to $64.99, which came into effect in January. Sony said two of its upcoming exclusive games – Infamous: Second Son and MLB 14 The Show will be priced at $69.99.

Since the launch of the new consoles last November, the PS4 has outsold Microsoft’s $499 Xbox One by a significant margin. That gap appears to be shrinking, and with Microsoft this week releasing an Xbox One bundle that includes a free copy of the new sci-fi shooter Titanfall, the price discrepancy between the two machines has been narrowed considerably. (A Microsoft spokesman said the company currently has no plans for a similar Xbox One price increase in Canada.)

But even at the higher price, it may be hard to find a PS4 in stores. While Sony says regular shipments of stock are continuing, the PS4 remains sold out at most major national retailers, while the Xbox One is currently readily available.

The price bump isn’t unprecedented – in early 2007, some Canadian retailers raised the price of the $659 PlayStation 3 to $699, citing a weak dollar as the reason. In recent years, a stronger Canadian dollar has seen prices of game consoles, software and accessories remain largely uniform across North America.


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