That's because these dividends are ready - made to provide
the Canadian dollar income you'll need under domestic economic conditions.
Not exact matches
There are currently no emerging - market fixed
income products denominated in
Canadian dollars; investors have to buy either American
dollar securities (also called hard
dollar bonds) or the local currency option.
And why is an appreciating
Canadian dollar — a development that increases the buying power of
Canadian incomes — a bad thing?
«But if you ask us, a weaker
Canadian dollar and low rates remain critical ingredients when it comes to driving future growth — perhaps even more so considering the
incoming president's vows to bolster American competitiveness and blunt access to the key US market.»
While foreign interest in the loonie bodes well for
Canadians who shop south of the border, it will also jolt Canada's fixed -
income markets as reserve managers buy liquid debt securities with the
Canadian dollars they own.
Over the same period, the
Canadian dollar appreciated from a record low of around 62 cents U.S. to above parity, helping to reduce the inflationary risks that came with the stronger growth and increased
income.
Household debt continues to hit record highs, with
Canadians owing $ 1.67 for every
dollar of disposable
income they earned at the end of the third quarter of 2016.
If there was ever a reason for revolution in the streets, it should be the fact that wealthy
Canadians pay tax on only half of the
income they derive from flipping stocks, bonds, and real estate — while fast food workers pay tax on every
dollar of the hard - earned
income they derive from flipping burgers in greasy, dangerous kitchens.
According to Statistics Canada,
Canadians now owe $ 1.67 for every
dollar of disposable
income and Canada's total consumer debt is now at a sky high $ 2.03 trillion.
So your foreign
income needs to be converted into
Canadian dollars.
For purposes of the category definition, up to 30 % of a Fund's assets may be held in Foreign Fixed
Income products which will be treated as
Canadian content provided that the currency exposure on those holdings is hedged into
Canadian Dollars.
Obviously the
income generated will be from
Canadian sources, in
Canadian dollars.
«With more than 42 per cent of their
income going to taxes,
Canadians might ask whether they're getting good value for their tax
dollars.»
If she holds just 3 % of those stocks in Canada, her portfolio will have very little exposure to
Canadian dollars, even though all of her
income and expenses are likely to be in her home currency.
HSBC Mortgage Fund HSBC
Canadian Bond Fund HSBC Emerging Markets Debt Fund HSBC Monthly
Income Fund HSBC U.S.
Dollar Monthly
Income Fund HSBC Global Corporate Bond Fund
That means, on average,
Canadians owed $ 1.67 in credit market debt — mortgages, other loans and consumer credit — for every
dollar of disposable
income.
Baskin says investors who plan to spend their retirement
income in
Canadian dollars should hold their assets in the same currency.
Canadian bonds (a higher
Canadian dollar will keep inflation low, hence reinforcing positive fixed -
income returns)
The only ETF in
Canadian dollars that I find interesting, and figure among the highest ETFs dividend payers is the Claymore
Canadian Financial Monthly
Income ETF, ticket symbol FIE.A.
Funds in the
Canadian Inflation Protected Fixed
Income category must invest at least 90 % of their fixed income holdings in inflation protected fixed - income securities denominated in Canadian do
Income category must invest at least 90 % of their fixed
income holdings in inflation protected fixed - income securities denominated in Canadian do
income holdings in inflation protected fixed -
income securities denominated in Canadian do
income securities denominated in
Canadian dollars.
For purposes of the category definition, up to 30 % of a Fund's assets may be held in Foreign Fixed
Income products which will be treated as
Canadian content provided that the currency exposure on those holdings is hedged into
Canadian Dollars.
Funds in the
Canadian Fixed
Income category must invest at least 90 % of their fixed income holdings in Canadian dollars with an average duration greater than 3.5 years and less than 9.0
Income category must invest at least 90 % of their fixed
income holdings in Canadian dollars with an average duration greater than 3.5 years and less than 9.0
income holdings in
Canadian dollars with an average duration greater than 3.5 years and less than 9.0 years.
The foreign
income is to be converted into
Canadian dollars by using the average rate of exchange for 2015 or the actual exchange rate in effect when you received the
income.
The tax treatment of
Canadian dividends is really great... some smarter person will provide the exact figure, but basically you end up keeping something like 80 cents (probably more) on the
dollar depending on your
income / tax situation.
«That doesn't mean
Canadians with vacation rentals should expect a loss in
income, as the uncertainty in Europe has certainly helped the U.S.
dollar and that could mean more visitations from our neighbours down south.»
The fiscal year 2015 was filled with records for CN — revenues, operating
income, net
income, and earnings per share all reached new all - time highs in
Canadian dollars.
(5) Distributions for the Horizons Enhanced
Income US Equity (USD) ETF are declared and paid in U.S.
dollars, including those listed under the
Canadian dollar - traded ticker HEA.
Funds in the
Canadian Long Term Fixed
Income category must invest at least 90 % of their fixed income holdings in fixed - income securities denominated in Canadian dollars with an average duration greater than 9.0
Income category must invest at least 90 % of their fixed
income holdings in fixed - income securities denominated in Canadian dollars with an average duration greater than 9.0
income holdings in fixed -
income securities denominated in Canadian dollars with an average duration greater than 9.0
income securities denominated in
Canadian dollars with an average duration greater than 9.0 years.
Prior to 2013, the rules provided that the cumulative cost (generally, the original purchase price) in
Canadian dollars of all specified foreign investments had to be reported on the form, segregated by type, such as foreign shares or indebtedness, along with the total
income reported from the investments and the foreign source where the investments were located.
For
incoming wire transfers that are not initiated in US
dollars, Canadian Dollars, Euros and Great British Pounds, please call us for instru
dollars,
Canadian Dollars, Euros and Great British Pounds, please call us for instru
Dollars, Euros and Great British Pounds, please call us for instructions.
Maple bonds are
Canadian -
dollar denominated bonds issued by foreign corporations or borrowers in the
Canadian fixed
income market.
The new AA ETFs help redress the latter but of course investors are free to work with their advisors to tweak international fixed
income exposure further by directly owning VBG (Vanguard Global ex-US Aggregate Bond Index) and / or VBU (Vanguard US Aggregate Bond Index), both of which are hedged back to the
Canadian dollar.
Canadian Dr. Networth The Loonie Doctor Financially Free MD American A Good Life MD Crispy Doc Dads
Dollars Debts Dr. McFrugal DiverseFI Doctor of Finance MD Dr. Cory Fawcett Millionaire Doc Passive
Income MD Physician on Fire The Happy Philosopher The Wall Street Physician WealthyDoc
Household debt continues to hit record highs, with
Canadians owing $ 1.67 for every
dollar of disposable
income they earned at the end of the third quarter of 2016.
According to Statistics Canada,
Canadians now owe $ 1.67 for every
dollar of disposable
income and Canada's total consumer debt is now at a sky high $ 2.03 trillion.
The answer is that
Canadian fixed
income investors will have a substantial pool of investment capital seeking foreign issuers in
Canadian dollars.
If you don't plan to make another major purchase in the United States (or if you earn a lot of USD
income but all your expenses are in
Canadian dollars) it might make sense to exchange most or all the money into your home currency before investing it.
Even if your registered accounts are maxed out, you can still make changes so your fixed
income stays in
Canadian dollars in RRSPs and TFSAs, and only your equities are in US -
dollar taxable accounts.
The household debt numbers are rising across the United States and Canada, and
Canadians are leading in indebtedness with a debt - to -
income ratio at a record 1.71 % — so for every
dollar of household
income there is $ 1.71 in credit debt.
You have to gross - up
Canadian dividends by about 1.4 to calculate
income for GIS purposes, so here you effectively lose about 70 cents on the
dollar.
The Canada Revenue Agency reassessed him, adding the amount he received to his 2012
income, but also allowing a foreign tax credit for the
Canadian dollar equivalent of the amount of U.S. tax withheld.
Just over a decade ago, the Canada Revenue Agency (CRA) was asked whether a taxpayer was required to use the Bank of Canada annual average exchange rate to convert pension and investment
income to
Canadian dollars.
While third - quarter data from Statistics Canada showed that
Canadians owe $ 1.71 for every
dollar of household disposable
income, those surveyed by CIBC seem to be making the necessary adjustments.
The U.S. and foreign equity exposure is not currency hedged but foreign fixed
income is hedged back into the
Canadian dollar.
Project learn $ ave, brainchild of the non-profit Social Research and Demonstration Corporation told 3,583 low -
income Canadians who participated in the program that every
dollar they saved would be matched by $ 3 in virtual credits to be used for training, education or starting a small business.
From a tracking perspective, you should always monitor your returns in
Canadian dollars, because you have to for
income tax purposes.
Beyond that, I would consider fixed
income investments in the
Canadian and Australian
Dollars.
Doesn't this mean that if I have mortgage debt of a million
dollars, and I am part of those 8 % of
Canadians, my gross
income is under $ 285,000 (annually I presume).
Evelyn has helped raise millions of
dollars to help move low -
income women and their children out of poverty and into financial security in her previous role as a National Committee member and Chair of the Calgary «Women Moving Women» campaign on behalf of the
Canadian Women's Foundation.
A newly - lowered top US federal tax rate, combined with a strong US
dollar and recent
Canadian tax increases on high -
income earners, could make the US more attractive to highly - skilled
Canadian workers — and ex-pat US citizens — potentially compounding the talent drain.