Expert, money saving updates, forecasts & tips on the CAD exchange

How Do You Get a Void Cheque from CIBC

If you have been asked for a void check to set up direct deposits and didn’t have one on hand, you might be wondering how to get a void cheque...

Canadian Dollar Update, January 18, 2023 – Canadian dollar rises as greenback sinks

USD/CAD Open: 1.3355-59, Overnight Range: 1.3353-1.3408,  Previous Close: 1.3390 WTI Oil open at $81.66 and gold open at $1,914.43. US markets are lower today. For today, USD resistance is at...

Canadian Dollar Update, January 17, 2023 – Canadian dollar awaiting domestic inflation data

USD/CAD Open: 1.3422-26, Overnight Range: 1.3396-1.3435,  Previous Close: 1.3407 WTI Oil open at $79.89 and gold open at $1,906.36. US markets are mixed today. For today, USD resistance is at...

Canadian Dollar Update, January 10, 2023 – Canadian dollar drifting

USD/CAD Open: 1.3387-91, Overnight Range: 1.3378-1.3408,  Previous Close: 1.3390 WTI Oil open at $75.18 and gold open at $1,875.30. US markets are higher today. For today, USD resistance is at...

What is Functional Currency and Why is it Important

One of the essential things foreign investors and manufacturers should learn is the functional currency. It is primarily the currency the entity uses to pay for labour and other production...

How to Check Credit Score with TD Bank in Canada

As a TD bank customer, knowing how to check credit score TD is as essential as knowing how to send money. A credit score helps lenders to decide if you...

How Do I Transfer Money from RBC to Another Bank?

One of the first questions RBC customers ask is, “how do I transfer money from RBC to another bank?” knowing how to transfer money between accounts makes it possible to...

What Are the Pitfalls of Buying Property in the Dominican Republic?

The process of purchasing real estate property in your country might differ from buying property in the Dominican Republic. The Dominican Republic is one of the most visited countries in...

How to Cancel an E-Transfer as a CIBC Client

Once you become a client at CIBC, you should learn how to cancel an e-transfer CIBC. For example, sometimes you could get the wrong details of the recipient, send money...

What are the Major Causes of Currency Appreciation in Canada?

One of the major causes of a shift in a country’s economy is currency appreciation. It happens when a country’s currency increases in value compared to another state’s currency, which...