Canadian patent lawyers are inexpensive The currently high U.S. dollar -
Canadian dollar exchange rate, coupled with other economic factors in Canadian legal practice, can mean a discount of 50 per cent or more on Canadian patent filings and enforcement.
To this can be added the effective 25 % budget shortfall caused by the deterioration of
the Canadian dollar exchange rate against the US and UK currencies.
At the current U.S. -
Canadian dollar exchange rate (1.00 / 0.80), and converting from tonnes to short tons, the B.C. tax now equates to around $ 22 (U.S.) per ton of CO2.
With the current America /
Canadian dollar exchange rate it's time our neighbours to the south also start taking notice of the mountain biking trails as well as the savings offered.
Not exact matches
Canadian businesses operating in China are currently required to make U.S.
dollar - denominated transactions, a costly system thanks to a volatile
exchange rate.
«The value of the
Canadian dollar went up too much, too fast over the last few weeks,» Luc Vallée, chief strategist at Laurentian Bank Securities, said on July 17, when the
exchange rate was around 78 U.S. cents.
To reiterate, when the
Canadian dollar is above the PPP
exchange rate, goods are cheaper in the U.S. than in Canada.
Some of it went into foreign
exchange markets, preventing the
Canadian dollar from rising even faster.
This creates two headwinds: the stronger U.S.
dollar will hurt U.S. exports, and therefore crimp demand for
Canadian components; and
Canadian suppliers will struggle to compete with rivals in Mexico and other countries that enjoy a better
exchange - rate advantage.
They can also affect the
exchange rate of the
Canadian dollar.
The CEER index is a weighted average of bilateral
exchange rates for the
Canadian dollar against the currencies of Canada's major trading partners.
The increase in the value of the
dollar is due to increased demand for
Canadian dollars in foreign
exchange markets.
Contrary to popular belief, commodity prices are not the best predictor of the future
exchange rate for the
Canadian dollar, according to new research from the C.D. Howe Institute.
The standing of the Australian
dollar as a world currency is recognised by its inclusion in the first wave of currencies (along with the US Dollar, euro, yen, Swiss franc, pound and Canadian dollar) in the Continuous Linked Settlement System for foreign exchange settlement that is due to come into operation in 12 — 18 months»
dollar as a world currency is recognised by its inclusion in the first wave of currencies (along with the US
Dollar, euro, yen, Swiss franc, pound and Canadian dollar) in the Continuous Linked Settlement System for foreign exchange settlement that is due to come into operation in 12 — 18 months»
Dollar, euro, yen, Swiss franc, pound and
Canadian dollar) in the Continuous Linked Settlement System for foreign exchange settlement that is due to come into operation in 12 — 18 months»
dollar) in the Continuous Linked Settlement System for foreign
exchange settlement that is due to come into operation in 12 — 18 months» time.
The Australian foreign
exchange market is the 9th largest in the world and the Australian
dollar is the seventh most actively traded currency in the world, marginally behind the
Canadian dollar (Table 2).
The implications for the loonie look good, and Jack Spitz, managing director of foreign
exchange at National Bank Financial, thinks the
Canadian dollar «will outperform should equity markets stabilize.»
«I wouldn't be surprised to see more interest in
Canadian dollar reserves,» said Dan Katzive, director of foreign
exchange strategy at Credit Suisse in New York.
Economic pundits arguing that the
Canadian dollar is overvalued often base their view on the theory of purchasing power parity (PPP), which predicts that international trade eventually leads
exchange rates to adjust until a typical basket of consumer goods and services in Canada costs the same as in other countries.
The foreign
exchange market saw the U.S.
dollar depreciate against the
Canadian dollar in Q1 2017, losing -0.6 per cent compared to a Q4 2016 gain of 2.0 per cent.
Weakness in the U.S. currency rather than factors on the
Canadian side are likely to be the primary catalyst for a slide in USD / CAD, according to BMO's global head of foreign -
exchange strategy Greg Anderson, who cited a market that's gotten ahead of itself with regard to Federal Reserve tightening and a tax proposal that's likely to be
dollar negative.
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.
Bank of Nova Scotia Chief Foreign -
Exchange Strategist Shaun Osborne says the
Canadian dollar is poised to rally to C$ 1.20 versus its U.S. counterpart by year - end, from C$ 1.2683 at 12:35 p.m. Tokyo time Wednesday, as traders who've been reducing expectations for a third BOC interest - rate hike in 2017 begin to price one back in.
While difficult for those with travel or business expenses in U.S.
dollars, the lower
exchange rate is a key mechanism of adjustment for the
Canadian economy.
Historically, when the American economy is booming and the
Canadian dollar is comparatively low, American businesses look to take advantage of the
exchange rate by buying more
Canadian products and services.
In the past several weeks, the
Canadian dollar has hovered between 69 and 75 cents U.S., in its lowest
exchange rate in over a decade.
The
exchange rate of the
Canadian dollar decreased much more since then.
It is now June, and Jemery's Steelworks are worrying about what the
exchange rate will be in January when they must convert
Canadian dollars to United States
dollars to pay for the shipment.
Our
Canadian dollar has been taking a bit of a beating of late, but the great prices at The Armor Inn (and throughout most of Ellicottville, pretty much) took the sting out of the
exchange.
This is a change in cash position due to an
exchanging, for example, of
Canadian dollars into U.S.
dollars.
My last resources may have to be eBay, which I've been avoiding lately due to the crappy
exchange rate on our
Canadian dollar: /
You can do whatever you want but the fact remains that it still takes 1.38
Canadian dollars to equal 1 US
dollar at current
exchange rates.
Foreign Currency Conversion 0 % For Purchases or Cash Advances in a foreign currency, that foreign currency will be converted into
Canadian dollars at the
exchange rate set by Visa International in effect on the day the transaction is posted to your Account, plus a 0 % currency conversion charge.
However, if we convert the market capitalization of Starbucks into
Canadian dollars at today's
exchange rate of 1.26, we get a slightly different story:
Idea is to wait with the
exchange till the time when
exchange rate is more favorable to
Canadian dollars.
Here's how much it would cost you in
Canadian dollars to withdraw 1,000 Euros through the most common
exchange methods: Exchange at your local bank: $ 1,359 Put the purchase on a credit card: $ 1,373 Use an ATM in Europe: $ 1,376 Use a foreign exchange kiosk: $ 1,416 Source: Oanda.com, Exchange rate as of March
exchange methods:
Exchange at your local bank: $ 1,359 Put the purchase on a credit card: $ 1,373 Use an ATM in Europe: $ 1,376 Use a foreign exchange kiosk: $ 1,416 Source: Oanda.com, Exchange rate as of March
Exchange at your local bank: $ 1,359 Put the purchase on a credit card: $ 1,373 Use an ATM in Europe: $ 1,376 Use a foreign
exchange kiosk: $ 1,416 Source: Oanda.com, Exchange rate as of March
exchange kiosk: $ 1,416 Source: Oanda.com,
Exchange rate as of March
Exchange rate as of March 1, 2011.
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).
According to Philippe Brideau, spokesperson for the CRA, both the cost of the property to buy and the proceeds of the sale must be converted into
Canadian dollars using the
exchange rate at the time of each transaction.
The simplest, most convenient way I know of to «move your savings to Canada» is to purchase an
exchange - traded fund like FXC, the CurrencyShares
Canadian Dollar Trust, or a similar instrument.
The
Canadian dollar to US
dollar exchange rate can be obtained by processing the Yahoo! Finance quote for USDCAD = X. (If you are interested here's how the
exchange rate is obtained: «= Index (ImportHTML («http://finance.yahoo.com/q?s=USDCAD=X»,» table», 1), 8,2)».).
It was a natural outcome of having sold countless US options on
canadian underlying stocks over a number of years, thus raising countless US
dollars without any currency
exchange fee.
The idea behind the trick is to buy a highly - liquid stock that is listed in the Toronto Stock
Exchange and sell the same stock in the US markets (or vice-versa if you want to convert US
dollars into
Canadian dollars).
Buying VTI also exposes you to the fat foreign
exchange fees charged by brokers when you use your
Canadian dollars to buy or sell investments priced in U.S.
dollars.
The only relevant
exchange rates are between these currencies and the
Canadian dollar; the US
dollar does not factor into the equation.
In attempt to avoid the usual 1.5 - 2 %
exchange fees levied by brokers, I perform Norbert's gambit: I purchase DLR.TO in CAD (
Canadian dollars) from TSX, journal it over to DLR.U.TO, and then sell the
exchange - traded fund (ETF) to obtain USD (United States
dollars).
Canadians will get a chance to vote with their money soon enough: last month, Invesco announced that it plans to launch a version of PHB on the Toronto Stock
Exchange, this one hedged to
Canadian dollars.
Regrettably, most
Canadian discount brokerages don't currently offer U.S.
dollar RSP accounts which means that currency
exchange related costs might bite a bit.
One of these is currency
exchange fees: charging clients 1.5 % or more to convert
Canadian dollars to US
dollars — and the same to change them back — is a disgrace.
If the global financial system collapses, if the
Canadian dollar becomes worthless, or if the Harper government confiscates your land then, sure, you can
exchange the bullion in your safety deposit box for canned beans and ammunition.
In my personal portfolios, I track the asset allocation in
Canadian dollars by converting foreign holdings into
Canadian dollars using the prevailing
exchange rate.
Hedging foreign
exchange risk resulting from global equity exposure is entirely reasonable when foreign currencies appear expensive and likely to take a nosedive versus the
Canadian dollar.