Sentences with phrase «canadian dollar transactions»

The maturity date of a spot foreign exchange transaction is two business days, with the exception of U.S. dollar vs. Canadian dollar transactions, which settle on the next business day.

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 final sale price is expected to be well north of a billion dollars, which would make it the largest real estate transaction in Canadian history — possibly double the previous record of $ 618 million that CIBC fetched in 2000 for its Commerce Court complex in Toronto.

Please note that Porter Finance offers a multi-currency platform and therefore it is possible to perform transactions in Euros, Australian Dollars, US Dollars, Canadian Dollars and British Pounds.

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.

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.

I opened a Canadian TFSA thru my bank and I deposited $ 5000.00 and invested it in a U.S. stock on the N.York exchange.There was the intial charge for the conversion to U.S. dollars by the bank for doing the brokerage transaction.

When you transfer a US stock to a TFSA, the bank or broker converts the funds to Canadian dollars when you make the transaction.

When you contribute foreign funds to a TFSA, the institution that issued the TFSA is responsible for converting the funds to Canadian dollars on the date of the transaction.

The exchange rate for converting foreign currency transactions to Canadian dollars is the rate charged to us by Mastercard International on the date the transaction is posted to your account, plus 2.5 % for purchases and minus 2.5 % for refunds.

For foreign currency transactions other than U.S. dollars, the amount is first converted to U.S. dollars and then to Canadian dollars.

However, cash transactions in the account involving the conversion to Canadian dollars of U.S. dollars deposited into the account (including U.S. dollar denominated dividends and interest) will be subject to the applicable retail foreign exchange spread charged by Scotia iTRADE at that time.

ACB calculations for US securities need to be done in Canadian dollars, which means you will need to learn the USD - CAD exchange rate for the settlement date of each transaction.

That means if you buy a US - listed ETF, you need to track its cost base in Canadian dollars, and that means knowing the exchange rate on the settlement date of every transaction.

Finally, keep in mind that the taxman requires you to report your foreign exchange gain (loss) on your 2017 securities transactions on your 2017 tax return even if you don't actually convert the foreign funds back to Canadian dollars, which may be the case if you trade U.S. stocks in a U.S. dollar, non-registered trading account.

I considered the Rogers Bank credit card before, but found out that all transactions made in foreign currency will be converted first to US dollars and then to Canadian dollars.

Where applicable, Avios are awarded based on the Canadian dollar equivalent of foreign currency purchase transactions.

There were 20,611 Canadian victims of identity fraud reported to the Canadian Anti-Fraud Centre in 2014.1 The total loss amounted to more than $ 10.4 million dollars.1 Identity fraud means that someone has stolen their personal information for the purposes of conducting transactions without their knowledge.

Richard Silver Bosley Real Estate, Toronto, Ontario; [email protected] Site's ROI: 25 percent of his business Best features: Listings and pages describing his services Initial design cost: $ 2,500 Canadian * Annual operating costs: $ 1,800 Updating time (monthly): About 10 hours Current version debut: 1999 2001 transaction sides closed: 47 Designer: RebelTrail.com * Silver says it would cost about the same in U.S. dollars