Stack Exchange Network

Stack Exchange network consists of 175 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers.

Visit Stack Exchange

Questions tagged [cad-canadian-dollar]

This tag is to be used for any question related to Canadian Dollar (CAD) currency.

1
vote
1answer
75 views

What would be a financially intelligent rental cost to bear if you earn $90000CAD annually in Toronto?

Imagine if I earned $90000CAD annually (before Tax) in Toronto, what would be the most financially sensible maximum rental cost to bear? Would renting a house for $2500CAD monthly be somewhat over-...
6
votes
3answers
3k views

Is the Canadian Gold Maple Leaf actually used as legal tender?

How could it be that this gold coin was created as legal tender when its gold content value is much higher than its face value? https://en.wikipedia.org/wiki/Canadian_Gold_Maple_Leaf The face value ...
1
vote
1answer
3k views

Ordering from Canada, charged in CAD or USD?

I am thinking about ordering something from a website based in Canada and I live in the U.S. I am just wondering if I order from them, will I be paying the listed price in CAD or USD? Will it convert ...
2
votes
0answers
66 views

Moving to the US from Canada - what are the tax implications from both ends on CAD saving account?

I am planning on moving the US as a result of my work most likely using TN. I'll be selling my primary residence and will put the money in a saving account at a Canadian bank. I don't want to use this ...
1
vote
2answers
586 views

What are the options to transfer USD to CAD from within Canada?

I have a USD account with Bank A in Canada. I have a CAD account with Bank B in Canada. I would like to transfer USD money from Bank A to Bank B as CAD. What are the options available to do this ...
-1
votes
2answers
40 views

Would I be taxed on a long term currency exchange?

Recently, USD has been doing really well. I've been considering moving a bunch of money into CAD, to use when I visit there or if I ever move back in the future. It seems likely to me that by the ...
2
votes
1answer
20k views

Buying something online in canadian dollars with us dollars

I want to buy something online that only accepts canadian dollars and also paypal(but I want to try not to have to use that). It shows the credit card that I have but the price is listed in canadian ...
3
votes
3answers
578 views

Does the low CAD positively or negatively impact Canadian Investors?

I'm interested in getting into investing, but I have a limited amount of business experience. I plan on putting a small amount of money on the market just to see how it goes. I don't quite understand ...
4
votes
3answers
7k views

Investing while the Canadian dollar is really low

I have just started to get into investing now that I have a steady job, pension plan, government bonds, and good savings. With the Canadian dollar being close to $0.70 USD, it seems like a waste to ...
1
vote
1answer
2k views

Should I convert some of my money into US dollars now when the rate is low?

If I think the Canadian dollar is quote low, and I have a bank account in US dollars, would you suggest that I put a few thousands of CAD in that account?
0
votes
4answers
401 views

How to avoid/limit currency exchange fees?

I live in the US, work in the US, and have a US bank account (Wells Fargo). I've often been travelling into Canada as of late, and I find the conversion fees are quite expensive when I use my credit ...
1
vote
1answer
145 views

Using the online broker as a currency converter

As a Canadian citizen who often needs to change back and forth between CAD and USD, the common options are usually the banks and the airports. To save on high conversion fees (a.k.a wide spreads ), ...
3
votes
2answers
1k views

How should I record invoices in foreign currency in GNUCash?

I'm a Canadian living in Canada and I've recently started a new contract with a client in the US. My previous contract specified payment in CAD while my new contract is in USD. I invoice once a ...
4
votes
1answer
201 views

How to save money on currency conversion

I do business with a few companies in the United States, and as such, get paid in US currency for my services. I have a US account with my bank, but anytime that I make withdrawals from this account, ...
4
votes
1answer
3k views

Do I pay tax if I convert INR to CAD to use in Canada

If as a Canadian resident, I hold an NRE account with an Indian bank and i transfer money earned in CAD to this account. The I earn interest in rupees and want to transfer back to CAD. The interest is ...
3
votes
3answers
5k views

When is the right time to convert Canadian dollars to Euros during a sabbatical abroad?

I'm planning a one-year sabbatical in Europe, starting in January 2012. I have a year's worth of expenses saved in Canadian dollars. I'll need euros for day-to-day transactions while abroad. What ...
1
vote
1answer
97 views

What is the effect of a high dollar on the Canadian economy, investors, and consumers?

Is a high dollar good or bad for the Canadian economy? Are investors affected differently from consumers because of this?
2
votes
2answers
145 views

Are weekly CAD/USD options untradeable?

As below, cmegroup.com seems to indicate that CADUSD weekly options (expiring 25 Mar 2011) have absolutely no volume or pricing. Does this mean they're impossible to trade? Or, if I had a broker, ...
4
votes
4answers
25k views

Where can I open a Bank Account in Canadian dollars in the US? [closed]

I went to my Credit Union yesterday and I asked them if they offer a checking and/or saving account in Canadian Dollars. Unfortunately, they don't offer such account. Where can I open one? Is it ...