«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.
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.
Not exact matches
Look for more money to be
given to the Canada Revenue Agency to fight offshore tax evasion, an investment that has so far helped the CRA reap millions in extra tax
dollars while at the same time achieving the aim of discouraging tax evasion by
Canadians.
Royal Bank economist Paul Ferley says now is the time for
Canadian exporters to aggressively pursue opportunities to sell in the U.S. «[Where] they may have found they were getting outbid earlier on... they may find now that they're more competitive,
given the weakening of the
Canadian dollar,» he says.
Once you open an RESP account, you can take advantage of the
Canadian Education Savings Grant, which
gives you a 20 % top - up from the government for every
dollar you contribute, up to $ 2,500 a year per child.
The
Canadian Mining Association could form a similar partnership with
Canadian banks, providing training on sustainable practices to Burmese natural resource firms while leveraging the trillions of
dollars raised on the TSX for projects that
give environmental groups and local residents a say.
One other notable feature of Poloz's first appearance, according to TD chief deputy economist Derek Burleton, was a downplaying of any speculation he'll be looking to target a lower
Canadian dollar,
given Poloz's past experience with Export Development Canada.
But their collective screaming eventually scared the daylights out of the Street, which suddenly realized that CCAA voting rules
gave each and every one of the estimated 2,000 average
Canadians caught up in this mess as much say in approving any restructuring as any institutional investor with billions of
dollars at stake.
«If you incentivize a company like Lockheed Martin [with] billions of
dollars in sales to invest in
Canadian companies — for example, to
give a virtual - reality company its first big sale — it could have a really positive effect,» Verkindt says.
As I explained to my client, every US
dollar ETF
gives Canadians currency risk, but not necessarily to the US
dollar.
Kurt
gives his take on the
Canadian dollar's increase this summer and where it may be headed in the months ahead.
The
Canadian dollar accounts for only 2.2 per cent of total foreign currency trade flow in a
given day, according to the latest major trade volume report put out by the Bank for International Settlements, whereas the U.S.
dollar comprises 45.1 per cent and the euro 19.4 per cent.
Canadians should not
give up their monetary policy to buy and hold US
dollars.
Dollar could also benefit, RBC says The series of events that could be sparked by the environmental disaster could also give the Canadian dollar added life, RBC Dominion Securities
Dollar could also benefit, RBC says The series of events that could be sparked by the environmental disaster could also
give the
Canadian dollar added life, RBC Dominion Securities
dollar added life, RBC Dominion Securities says.
Discover why investing in the
Canadian dollar can
give investors exposure to the crude oil market without the risks of futures investing.
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.
Given that Canada's depressed
dollar isn't kick - starting manufacturing as well as it has traditionally done, they say governments could be doing more to support a buy
Canadian supply chain.
Someone who doesn't know the difference between «loonie» (a
Canadian dollar coin) and a «loony» (a silly person) does not deserve having his / her words to be
given any importance.
Its a
Canadian company, but they decided to charge me in US
dollars (they have since updated their website to show USD - still a joke
given they are based in BC).
And so, necessarily,
given how the ETF is made up, when the value of the U.S.
dollar declines vs. the
Canadian dollar, it follows that the value of your units of DLR declines as quoted in
Canadian dollar terms.
The Horizons U.S.
Dollar Currency ETF (DLR) is bought and sold on the TSX in
Canadian dollars, and it
gives investors -LSB-...]
Despite the odds, one
Canadian dollar will
give you a little more bang for your buck in beautiful Brazil.
Canadian dollar - hedged versions of these three ETFs are also available,
giving investors the ability to express their currency views regardless of whether the primary objective is buying the broad market, seeking reduced volatility or outperformance.
We were wondering if a few of you could
give a
Canadian version of a Swensen portfolio so that we would not have to convert some of our money to US
dollars.
His rationale wasn't complicated: Canada was the worst - performing developed market in 2015, and
Canadian stocks were extremely cheap in U.S.
dollar terms
given the loonie's dramatic decline.
In any
given year, the
Canadian dollar might gain against the Yen, drop against the Pound, gain against the Euro etc..
It also
gives you a hedge against a drop in the
Canadian dollar, especially if you... Read More
TORONTO — The recent strength of the
Canadian dollar has been a surprise,
given that many economists expected it to stay weak throughout much of the year.
That could push
Canadian home prices up, especially
given the recent strength of the U.S.
dollar against the loonie
gives Americans strong buying power in Canada.
Another indirect option is to convert the money into U.S.
dollars and maintain an overweight exposure to the energy sector,
given how closely the
Canadian dollar tracks the price of oil.
Look for more money to be
given to the Canada Revenue Agency to fight offshore tax evasion, an investment that has so far helped the CRA reap millions in extra tax
dollars while at the same time achieving the aim of discouraging tax evasion by
Canadians.
At any
given time, one could argue that half the market thinks the
Canadian dollar is overpriced and half thinks it's underpriced.
The third quarter GDP figures released this week showed a rebound to a 2.3 % annual growth pace, largely the result of an improvement in exports — not surprising
given the robust demand for autos in the U.S and the weakness in the
Canadian dollar.
Given an exchange rate of 1.05
Canadian dollars for each U.S.
dollar, the portfolio is worth $ 105,000 in
Canadian dollars.
While some modest strengthening in the
Canadian dollar can't be ruled out
given its relatively cheap level versus the U.S.
dollar, the outlook is rather mixed versus the U.S.
dollar and other major currencies.
Holding unhedged exposure to global stocks has historically been an effective risk - mitigation strategy
given the procyclical nature of the
Canadian dollar.
Even people with more modest assets need to consider what might happen if they die,
given real estate prices in some
Canadian cities and life insurance on both spouses, when added to the mix, can make many «simple» estates into million
dollar ones.
«
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.
In other words, the balance y of the exchange gain account on any
given day is exactly equal to the current value of (USD 100 minus CAD 120), expressed in
Canadian dollars.
He aims to
give readers all the information on major loyalty miles and points programs in Canada and assist
Canadians in maximizing rewards on every
dollar they spend.
Canadians can probably expect a price closer to $ 6.99 or $ 7.99
given the current rate of the
Canadian dollar at this time.
There are conflicting reports on the value of the grant
given by Ontario to Silicon Knights, with the fund put between three and four million
Canadian dollars.
Our average donor is a regular hard - working
Canadian who
gives us 20 or 30
dollars through our website.
The Government of Canada today announced they would match
giving of
Canadians dollar - for -
dollar up to $ 50 million in response to this tragedy.
[13] The whole exercise may be summed up by saying that neither the
Canadian tax system nor, indeed, the
Canadian economy, ought to be held hostage to a type - setter's selection, at any
given time, of what is considered a pleasing and useful type - face for a
dollar sign.
Do you think the American CEO of an American - headquartered 500 billion
dollar conglomerate is going to
give two hoots about the best interests of the
Canadian individual legal service consumer?
The positive side of the
Canadian dollar is it
gives you more purchasing power and puts you in a fairly attractive position to be an acquirer,» says Knubitat, who adds that when the
dollar goes above parity there is a strong correlation with deals that get done.