Sentences with phrase «canadian dollar appreciation»
Gains in US stocks were negated by the rise in the dollar and European stocks suffered a double whammy of Canadian dollar appreciation and a falling Euro.
http://www.canadiancapitalist.com/ Not exact matches
The report blamed the Canadian dollar's appreciation, which eroded price competitiveness, «as well as the rapid growth in emerging markets as a tourist destination.»
The central bank also released its latest quarterly report on the economy, which says, «export growth will be limited by the recent appreciation of the Canadian dollar, alongside that of the U.S. dollar, vis - à - vis most other currencies.»
MacDonald: The question seems to imply a further appreciation of the Canadian dollar.
However, the executives also recognize that to a lesser extent, the Bank of Canada may be motivated to keep rates frozen in order to prevent further appreciation of the Canadian dollar against the U.S. dollar, a situation that is harmful to Canadian exporters.
After a sharp 10 % appreciation versus the greenback from May through September, the Canadian dollar is now sitting pretty close to its long - term fair value, as measured by purchasing power parity.
Overall, the Bank estimates that about 40 per cent of the appreciation of the Canadian dollar since 2002 is due to the multilateral depreciation of the U.S. dollar.
The PBO identified four key downside risks to the private sector forecast: global growth, especially in the U.S. could be slower than anticipated; the appreciation of the Canadian dollar could adversely affect exports; sovereign debt issues in Europe could restrain recovery there and put upward pressure on global interest rates; and the high level of household debt in Canada could restrain domestic demand.
Since Canada is a major exporter of many commodities, an increase in prices means that the world is prepared to pay more for the Canadian dollars ultimately required to purchase them, thus creating an appreciation in our currency.
It seems more likely Beijing would consider taking over foreign businesses, especially given its largest US$ 1.9 trillion foreign exchange reserve in the world, and the appreciation of its currency by 9 % y - o - y against the US dollar, or 40 % y - o - y against the Canadian dollar, or over 20 % against both currencies since July 21, 2005 when the Chinese central bank allowed its RMB to float.
However, some offset to increasing costs is coming from lower prices for imported inputs due to the recent appreciation of the Canadian dollar.
«If you look at the S&P / TSX Composite Index, it had an annual compound return (including dividends) of 8.9 per cent between 2001 and 2010 while the S&P 500 had an annual compound return of 3.0 per cent, or -2.3 per cent in Canadian dollars given our currency's appreciation during that period,» says Dimock.
But if you take a slightly longer term view and consider the fact that XSP has trailed IVV returns in US dollars every year for the past five years, you'll find that XSP's outperformance is significantly eroded by the tracking error even with a significant appreciation in the Canadian dollar.
No ETF or mutual fund focuses entirely on this strategy using Canadian stocks, but the Vanguard Dividend Appreciation ETF does this with U.S. stocks (ticker is VIG on the New York Stock Exchange, VGG in Canada, or VGH for the version hedged to Canadian dollars).
Appreciation of the Canadian dollar may cancel out any gains from Emerging Market Index fund for example.
The poor returns in these markets were compounded by the appreciation in the Canadian dollar and if you take inflation into account, the real returns are even worse.
That has been a benefit for Canadians who hold US equities: not only did the stocks deliver huge returns in their local currency in 2013, but we got a further boost thanks to the appreciation of the US dollar.
But as a Canadian investor, Gerry would have benefited from the appreciation in the US dollar, which rose about 6.29 % in 2013.
All unhedged investors who dumped money into the market in late 2008 and early 2009 have seen most of their gains wiped out by the appreciation of the Canadian dollar.
For example, if the underlying investments of the ETF are bought in U.S. dollars (i.e., U.S. companies listed on a U.S. stock exchange), the appreciation or depreciation of the U.S. dollar against the Canadian dollar has the potential to either add or detract from the investment return.
There are several policy and economic clouds on the horizon, and if the upside in oil prices is limited, then the appreciation potential for the Canadian dollar versus the U.S. dollar is potentially also likewise limited.
«Given the substantial decline of the loonie to multi-year lows, investors concerned about a future appreciation of the Canadian dollar versus the U.S. dollar might consider replacing VFV with VSP,» says Alan Fustey.