No, the regional prices on steam haven't compensated this. They are still mostly exactly same as they were 2-3 years ago. For €, which got weaker but still remained above 1 exchange rate it means that we still pay more than the US, but for other currencies like CAD and AUD which were above 1 before and are around 0.7 now, it means that back then regional pricing was more expensive than USD for them, but now it's quite cheaper.

Look at an example. A game with no regional prices on GOG (Russians aside). On steam it costs 9.99$ and 9.99€. It always has regardless of what the exchange rate was for several years now. On GOG it changed with the exchange rate. Back in Nov 2014 it used to be 7.99€, now it's 9.19€. Should the euro exchange rate cross the magic 1 line, it would still cost 9.99€ on steam, but on GOG it would rise with the exchange rate to, say, 10.59€.
Basically, on GOG we'd all be paying the same price 9.99$ or its equivalent 10.59€. No fair package since it's not regionally priced: we're all paying same. But now all of a sudden it becomes worth it to buy it on steam where it is regionally priced, but for the first time in Euro's favour.
It would be a nice test to see how many of those "one world one price" supporters would start asking GOG to introduce regional pricing for Euro, otherwise they go to Steam.

That is a bit speculation. We don't know what Steam might do if this happens. Maybe then they will adapt prices too. So far they haven't and you are right. The gap between EU and US has been largely closed on Steam.

But it's well justified speculation. They haven't changed them when USD moved by almost 30% (from 1.40 in spring 2014 to 1.05 in spring 2015), why should they change it moves by another 6-7% to below the 1.0 line?
Either way, at the moment it's up 1.12 again, and I hope it stays that way. Screw video games, I'm travelling to the US and I'd rather pay less there. If it does move, we'll see what Steam does.

Doesn't matter to me either way how companies price things or what currencies they accept, but how much I pay for something final-price does matter to me and I do usually pay attention to what I'm paying. There's a maximum amount I'll pay for a game based on various factors with no specific formula but mostly based on gut feel for how much I'm likely to enjoy it, how good a deal I'm getting, how soon I plan on playing it and many other factors. So if I'd pay $3 for a game and I am actually going to end up paying $6 for it due to currency exchange and other fees and whatnot, I just wont buy it until it is $1 or whatever. If it never goes to $1, then I'll just not buy it. What I wont do is pay more for it just because the CAD is weak. I wont get angry about it either, it's just a fact of life we have to live with, but I wont part with my money except to the tune of what I think is a reasonable price for what I'm buying in terms of how much my currency is worth to me, regardless of what it's worth to the rest of the world.

The current exchange rate between CAD/USD is worse than I realized lately, and so I'll most likely be restricting myself to buying things exclusively in Canada in CAD which I believe is a fair price for what I'm getting. If companies outside of Canada price things in CAD at a price I consider reasonable then I'll buy it. If they price it in USD (don't care if it is a game, a t-shirt, or a laser banana peeler machine), then I wont be buying it for 40% more in CAD unless it is an item I can't live without out of necessity.

The downside of that seems that I wont be buying The Witcher 3 expansion pass when the final expansion comes out (I've held off waiting for it) because by the time it comes out it'll be like $25 USD and $82394723 CAD one way or another. :) Not a problem for me though, I'll just have to play one of the other 1000 games in my libraries until it comes down in price naturally in 12 months or whatever, then perhaps pick it up during Spring 2017 Gorgalonza Mega Sale Extreme for $10 or whatever.

Basically, I always pay what I want for any and every game. The only thing I don't control is when a game's price will match what I'll pay for it, but I have everything on my side. I have extreme patience like a Buddhist monk in full Zen meditation, and a billion games to play while I wait it out. Then there's my guitar collection, and a new found hobby of creating 3D models using Blender3D for free!

So for example, I can say crazy shit like... I will be paying $15 CAD maximum for The Witcher 3 expansion pass all in including all fees/exchange/whatever. And know that to be true. I just don't know when I'll be doing that, but that's ok because I need a break from long games like that anyway, plus it was so fun that I could happily play it through again from scratch with all the latest patches/features they added since I finished it the first time, then play through NewGame+ mode too.

So it sucks... but not so much for me... it sucks for the game developers/publishers/distributors not receiving my money until a postponed later date when their prices match what my wallet is willing to open up for.

It's all good. The ball is now in your court video game price making peoples! :)

/me waves a colourful fist full of CAD around wondering what to spend it on... maybe some new guitar picks! :)

Much more importantly though... why don't game retailers accept Canadian Tire money as currency? Screw CAD, I want to use my big wad of Canadian Tire money!

Interesting.

Does that make you a Blender Guru? ;)

It would be nice if we didn't have to pay extra conversion fees on top though...

Also, I don't see many $1 Canadian Tire bills!

With an HP3A perhaps. :)