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

Fiscal Vs. Monetary Policy: What is the Difference?

You’ve probably read about fiscal vs. monetary policy discussions on many platforms, and you might wonder how they differ. Since most economists keep throwing these two terms around, it’s vital...

Do You Have To Pay Taxes On Foreign Exchange Gains in Canada

According to CRA foreign exchange and tax rules, all Canadians must file tax returns for their income, including foreign exchange gains or losses. The foreign exchange gains are the capital...

Tips On Investing In Foreign Real Estate

Buying foreign properties is a perfect way to diversify your real estate investments but can be a complex process. If you want to join the list of successful foreign real...

What is Forex Scalping Strategy

You’ve probably heard about the forex scalping strategy, but you don’t understand how it works. Scalping is a trading strategy that specializes in making profits from small price changes in...

What is Currency Hedging?

One of the common terms you will come across as you do or study forex exchange is currency hedging. So let’s first start here. What do you know about forex...

What are Forex Options?

One of the common terms you will encounter when transacting or trading in the forex market is forex options. The good news is that these tools can help you secure...

Should You Be Using Your Credit Card Abroad?

When travelling overseas, you may consider using your credit card abroad to enjoy the convenience they come with. You won’t have to deal with multiple currency conversions every time you...

How to Trade Forex for Beginners

You’ve probably heard people earning thousands and millions of dollars through forex trading, and you wonder how it works. But, if you want to venture into the forex market, it’s...

How to Claim Foreign Tax Credit?

While Canadian residents are obligated to pay taxes on their global income, they can go for a foreign tax credit to reduce the taxes. That’s because the federal government of...

Foreign Direct Investment Opportunities in Canada

According to UNCTAD, the foreign direct investment in Canada amounted to 50 billion in 2019, a 16 percent increase compared to 2018. As a result, the Canadian FDI stock rose...