Worth it to double check in my opinion! In my case it extends to watches also covered under home or travel insurance, not necessarily only the more expensive ones with a specific policy or rider. 

Seems like Canada has very similar rules to Norway when it comes to bringing goods with you from abroad. You have an 800 CAD exemption on goods brought back and we have basically the same. Sure, you can walk through customs with a more expensive watch on your wrist and they would likely be none the wiser.

However... for insurance purposes, if you've bought something more expensive abroad and can't prove that you paid import duties, any insurance payout will be limited to exemption value of 800 CAD - even if the watch was insured for 10.000 CAD...

Not sure if the same applies in Canada, but I'd double check terms and conditions and think twice about not declaring when returning.

We have similar brokerage fees although I believe ours might be a bit lower on average. For the public postal service I usually pay around the equivalent of 20-40 CAD depending on value; it's a flat fee with two tiers. UPS, DHL and FedEx charge a percentage fee of declared value.

However, if you try to self clear, they'll conveniently charge you the virtually the exact same amount as an "admin fee"... 

Just got that exact watch yesterday. I am planning a longer stay in Cape Town next year and found that to be a perfect excuse to buy an inexpensive watch to bring, especially considering how common (unfortunately) it is being robbed there.

Great watch so far!

That’s an impressively colorful collection and strap combos! Great stuff!

Strap is from Nick Mankey. I've raved about it in a thread here a couple of times and will always highly recommend him! Unfortunately, he's not accepting new orders until January 1st, but it's well worth the wait!

I've raved about Nick Mankey straps on here before and stand by my statement that it might be one of the most comfortable strap designs I've experienced.