For instance, if you are buying a television from the U.S. and
the Canadian dollar moves higher relative to the U.S. dollar, it will take fewer Canadian dollars to buy that television.
Not exact matches
The
move «still left the
Canadian dollar, in our view, at historically high levels — as high as what we've been seeing,» said Paul Ferley, assistant chief economist at RBC.
Such a
move by the Trudeau government to draw more revenue into federal coffers would take Canada in the opposite direction as the United States, Mr. Rosenberg said, noting that «the implications for the
Canadian dollar is decisively negative, not to mention the deflating effect on asset values.»
The former because it allows for a case in which a modest increase in demand leads to a large increase in price, and the latter because it would lead investors to hedge by
moving themselves into
Canadian dollars (more than they would otherwise) to protect against high oil prices.
Despite the
move, the Aussie, and the also rallying
Canadian Dollar are still well below the pre-crash highs, and as they have led the market during the correction, we still remain defensive towards risk assets here.
The decision by the U.S. Federal Reserve to
move away from its quantitative easing policy — in which the central bank creates billions of
dollars to buy financial assets each month — comes amid signs the American economy is beginning to heat up, which would boost demand for
Canadian imports.
In the other direction, a
move back below the July 26 and 27 low of C$ 1.2414 would signal a shift in sentiment toward
Canadian dollar strength.
The
Canadian dollar tends to
move on several types of data — particularly commodity prices — which have also seen their fortunes reverse during the heightened levels of volatility in the marketplace.
The
Canadian dollar soared on the news,
moving up 0.71 cents U.S. to an average trading price of 81.54 cents U.S.. It's the first time the loonie has closed above 81 cents U.S. since June 26, 2015.
Although the
Canadian dollar's march to parity may have killed hundreds of thousands of factory jobs, a
move towards 70 cents will bring other jobs back.
The liberalization of cannabis laws across the globe has created billion
dollar opportunities for smart, fast
moving Canadian entrepreneurs.
Foreign equities
moved higher for a seventh successive quarter, advancing 5.3 per cent in
Canadian dollar terms against 5.2 per cent for the MSCI World Index.
Things you should know if you make a U.S, trade make sure you
move your money from
canadian optimizer account over to U.S margin account other wise these thief's they charge you 5 cents for conversation fees per
dollar for each trade on the buy and sell and even if you have a US margin account they still convert it to
canadian to make extra from you which i don't think anybody else does.
Presumably those who are planning this
move don't intend to make it permanent: once the
Canadian dollar recovers, the logical thing to so would be to switch back to the unhedged versions before the cycle repeats.
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.
If I were a betting man — which I'm not — I'd wager the
Canadian dollar could
move lower as the U.S.
dollar moves higher in the coming year.
If you are sitting on some dividend accumulations in a USD RRSP account and you would like to
move those monies to a
Canadian dollar RRSP account are you forced to use the institutions rate of conversion of the day or are there alternatives?
The
Canadian economy is heavily dependent on oil exports and the falling price of oil resulted in a big
move away from the
Canadian dollar.
Unfortunately, I couldn't
move some cash to USD because the unfavorable exchange rate for
Canadian dollar.
Canadian credit spreads going forward will be more open to influences from foreign markets and will increasingly
move with swap spreads and the
Canadian dollar.
Even if the U.S.
dollars falls you should be protected if the foreign currency
moves upward with the
Canadian dollar as you mention in this post: «You can essentially ignore the CAD - USD fluctuation for broad international ETFs like Vanguard Europe Pacific ETF (VEA), iShares MSCI EAFE ETF (EFA), Vanguard Emerging Markets ETF (VWO), iShares MSCI Emerging Markets ETF (EEM) etc., country - specific ETFs like iShares MSCI Japan ETF (EWJ), iShares MSCI Australia ETF (EWA) etc. and even ADRs that trade in US exchanges but are denominated in local currencies like Nokia (NOK)».
When
Canadian dollar trading around par value to US
dollar, I would consider
moving little more money into US and international market and accumulate more stocks.
As foreign issuance in
Canadian dollars fluctuates with funding costs and foreign investors
move in and out of
Canadian dollar debt, the result will be more volatility of credit spreads.
Canada lags other developed countries, but Jack hopes Ottawa and the provinces will
move to help
Canadians gain access to billions of
dollars worth of assets.
So while a further
move higher in oil prices is possible and could boost the loonie in the near term, we also can't rule out the potential for renewed weakness in the
Canadian dollar given the weight of these persistent challenges.
He has $ 100,000 (
Canadian dollar equivalent) in an IRA and wants to
move it to his
Canadian RRSP.
With a contract standardized at 100,000
Canadian dollars, this translate to a $ 10
move each way.
Q: I have investment money that originated with a U.S. management company, but I
moved it to a
Canadian management company, keeping it in U.S.
dollars.
Conceptually, when exchanging
Canadian dollars for U.S.
dollars, we are
moving Canadian dollars «into» the trading account, and an equivalent amount of U.S.
dollars «out of» the trading account.
Once you've set up your US account you
move your
Canadian dollars from your account in Canada over to your US account via an electronic transfer.
between high
canadian dollar and hst and carbon tax its killing the tourist industry insteat of punishing the consumers reward them for making the right
move eg.
The statement added: «In the past year, the sterling, euro, Australian and
Canadian dollars and South African rand experienced significant negative
moves against the US
dollar.»
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.
«The Bitcoin Bucket» is the name of this brand - new marketing gimmick which brings along a live - tracker based on Facebook stating the current product price which is presently
moving around the 20
Canadian dollars» range.
The limited - time marketing
move sees the Canada - based chain advertising «The Bitcoin Bucket» complete with a Facebook - based live - tracker of the standing price for the product, which works out to roughly 20
Canadian dollars depending on the exchange rate with bitcoin.
The survey says that although Canada is still relatively inexpensive,
Canadian cities continue to
move up in the rankings because of the strength of the
Canadian dollar.
Retirees, in Toronto, can sell their 3 bedroom bungalow, with a postage size backyard, almost no front yard, for 6 - 700,000
dollars and
move to our town, 2 hrs.away on the U.S.
Canadian border, and buy a good sized 10 yr.