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

What Are The Best Banks For International Students In Canada?

Finding the best banks for international students in Canada should be a top priority before leaving home to study in Canada. Being a student can be challenging because you need...

How to Check for Live International Exchange Rates

The international exchange rates fluctuate every second. This happens because of inflation all over the world and the difference in interest rates Live exchange rates are an essential tool to...

How To Find Credit Cards with No Foreign Transaction Fee in Canada?

While preparing for your trip to Canada, one of the best ways to put your finances in order is by researching credit cards with no foreign transaction fee in Canada....

What Determines The Value Of Currency In Canada?

Several factors go into how currency value is determined in the Canadian foreign exchange market. Notably, most factors revolve around the trading relationship between Canada and a foreign country and...

Understanding Currency Convertibility

The convertibility of currency matters a lot when it comes to international payments and transactions. For that reason, it’s essential to understand how currency convertibility will affect your business operation....

Specified Foreign Property Explained

If you’ve ever owned a specified foreign property costing C$100,000 or more in any tax year, you must report the assets to the Canada Revenue Agency (CRA). You will have...

What is the Function of Currency Futures?

You might have come across the term currency futures but may not know what it entails. If you are a forex trader enthusiast, you may need to learn the basics...

What is the Purpose of the Interbank Market?

The interbank market is a global financial market for exchanging currencies. It is the largest and most liquid financial market globally, with over $5 trillion worth of currency changing hands...

How Does Managed Floating Exchange Rate Work?

Since the Great Recession of 2007-2009, many countries have been trying to find ways to stimulate their economy. Most of these countries use one strategy: managed floating exchange rate regimes. ...

What Is The Role Of The Minister Of Finance In Canada?

If you have conducted any research on the Canadian government, one of the questions that may have arisen is: What is the role of the minister of finance in Canada? ...