Why the Canadian dollar has taken a beating
(Shutterstock) Canada likes to associate itself with fellow members of the Group of Seven, the club of post-war economic powers that includes the United States and Germany. Currency traders couldn’t...
View ArticleCan currency-hedged ETFs protect you?
If your summer plans include travel in the U.S. you’ve no doubt noticed that buying our neighbour’s currency has become a lot cheaper in the last couple of months. In early May, a loonie was worth...
View ArticleShould I buy my U.S. stocks in Canadian dollars?
Q. I’m a beginner investor with a small, diversified portfolio that includes a number of U.S. stocks. For simplicity’s sake, I bought these stocks in Canadian dollars and held them in my...
View ArticleMaking sense of the markets this week: September 25
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors. The inflation mountain: What the...
View ArticleVideo: How to send money internationally
In this short video, MoneySense executive editor Lisa Hannam outlines various methods of sending money abroad, including international money transfers through an online bank. Watch: How to send money...
View ArticleCan you use the Home Buyers’ Plan to buy a foreign property?
Ask MoneySense I am looking to use my RRSP to buy a vacation property in Portugal. How much can I take out tax free?—Andy Tax implications of buying property in another country I think you are...
View ArticleFor Canadians living abroad, is it worth investing in foreign ETFs?
Ask MoneySense I’m a Canadian citizen who moved from Europe 2 years ago. I have some savings in EUR and I’m considering investing in VWCE (around 50,000 EUR). I’m assuming this will complicate my tax...
View ArticleWhat would a central bank digital currency mean for Canada? We ask 5 experts
Canadians have long embraced digital transactions. We make purchases, pay bills and transfer money to people around the world with the tap of a card or the click of a button—every single day. We do...
View ArticleWise card Canada review 2024
The Wise card is a welcome addition to the services that Wise—formerly TransferWise—offers, but as you’ll quickly learn in this review, the card has a few quirks that will annoy users. That’s not to...
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