Capital inflows can also drive action in the loonie. When commodity prices are higher, there is often increased interest in investing in Canadian assets, and that influx of capital can impact exchange rates. That said, thecarry tradeis not so significant for the Canadian dollar. Canadian Dollar ...
When you're in another country, and the debit or credit machine asks if you would like to be charged in your home currency (Canadian dollars) - do *not* select this option. It mayseemlike a good idea, but what's really happening when you select that option is that the machine...
A lot of people aren't aware of the hidden fee. For example, if today's 'real' exchange rate between Canadian and U.S. dollars is 1.30, they are charging you an inflated rate of 1.34 - and pocketing the 3% difference as a fee for themselves. Unless you actually look at you...
- Canadian Maple Leaf- Palladium bars and rounds from approved mints & refinersWhat are the benefits of a Precious Metal IRA?There is an old proverb: “Don’t put all your eggs in one basket.” No matter the context, this phrase means don’t risk losing everything by having only one ...
As an example, if you live in the U.S. and invest in a Canadian stock in Canadian dollars, even if the share value appreciates, you may lose money if the Canadian dollar depreciates in relation to the U.S. dollar. Interest Rate Risk ...
Question: Suppose Canada had a fixed exchange rate policy. What would happen if the U.S. permanently decreased its demand for Canadian dollars? Managed rate regime Managed rate regime is a mix of fixed and floating policies where the cen...
Why is LTV important? Having a lower LTV ratio will not only help you qualify for a loan, but it will allow you to access lower mortgage rates, which can save you thousands of dollars over the life of your loan. And, a desirable LTV ratio can ensure you don’t have to pay monthly...
There’s nothing quite like getting a paycheck in the mail for doing a paid acting job. For me, it’s even more of a joy, as well as an opportunity to connect, to generate a check to pay my agent for his services. But not everything on your check is on the list of commissionable...
and invest in a Canadian stock in Canadian dollars, even if the share value appreciates, you may lose money if the Canadian dollar depreciates in relation to the U.S. dollar. Interest Rate Risk Interest rate risk is the risk that an investment's value will change due to a change in...
Foreign organizations (except certain Canadian, Mexican, and Israeli charities) Lobbyinggroups Homeowners associations Political groups Individuals Breaking down charitable donations If you choose to donate cash, you can typically deduct up to 60% of your adjusted gross income (AGI). The IRS has a li...