All about Canadian investments. Learn the ins and outs and get the latest news.
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Dozens more alleged victims come forward as Brampton man accused in real estate fraud faces new charges - CBC Jul 14th
Dozens more alleged victims come forward as Brampton man accused in real estate fraud faces new charges CBC.... More »
How to withdraw RESP funds Aug 26th
For years, you’ve saved up for your child’s college or university education with a registered education savings plan (RESP). Now, your kid is getting ready to start classes.
As the RESP’s subscriber (the person who opened and contributed to the account), you may have questions about h.... More »
Canadians to see lower fees and simpler account transfers + MORE Nov 6th
Ottawa plans to make it easier for Canadians to move their banking and investment accounts in a bid to increase competition and reduce costs for consumers. The government said as part of Tuesday’s federal budget, it will move to eliminate investment and registered account transfer fees, which .... More »
China memory chipmaker CXMT's shares soar in a blockbuster share listing in Shanghai Jul 27th
HONG KONG (AP) — Shares of CXMT, China's largest memory chipmaker, soared Monday after they began trading in Shanghai in mainland China’s biggest initial public stock offering in recent years..... More »
Google Stock Falls Amid OpenAI Web Browser. ChatGPT Advertising Next? - Investor's Business Daily Oct 21st
Google Stock Falls Amid OpenAI Web Browser. ChatGPT Advertising Next? Investor's Business DailyIntroducing ChatGPT Atlas OpenAIChatGPT Atlas: OpenAI launches web browser centered around its chatbot The GuardianOpenAI launches Atlas browser to compete with Google Chro.... More »
ETF strategies to help Canadian investors combat a weak loonie
– moneysense.ca
While recent moves from the Bank of Canada and the U.S. Federal Reserve primarily influence borrowing costs, they’ve also contributed to a sharp divergence in currency exchange rates. Specifically, the Canadian dollar has depreciated significantly against the U.S. dollar. When interest rates in Canada drop more aggressively than those in the U.S., the yields on Canadian assets become less attractive to investors everywhere, prompting capital outflows. Meanwhile, higher U.S. rates make U.S. dollar–denominated assets more appealing, strengthening the greenback. The impact for Canadian investors is clear: U.S. stocks are now even more expensive to access.
Beyond paying brokerage commissions/spreads for currency conversions, you’re also getting fewer U.S. dollars for every Canadian dollar you exchange. Fortunately, exchange-traded funds (ETFs) offer several ways to hedge against this weakening Canadian dollar. Here’s a look at some options to consider.
Rankings
The best ETFs in Canada
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Unhedged U…
Bank of Canada cuts key rate with ‘trade war storm’ on horizon – Global News Toronto
– news.google.ca
Bank of Canada cuts key rate with ‘trade war storm’ on horizon Global News TorontoPress Conference: Monetary Policy Report – January 2025 Bank of CanadaHere’s how the BoC rate cut could affect Canadians’ pocketbooks CTV News‘A tale of two economies’: Experts react to latest BoC rate cut BNN BloombergToronto homebuyers get interest rate relief from Bank of Canada rate cut — but a hot spring real estate market isn’t certain Toronto Star
