Tag Archives: CAD

CAD near parity with USD again

  The Canadian dollar (CAD) has not reached parity with the U.S. dollar (USD) since April of this year, until this past week. It didn’t close at par with it but reached it in intraday trading. Now analysts are saying that they think this is not just a short lived trend. They feel that for [...]

Doing business in USA vs. Canada

Between the USA and Canada there are many similarities in culture, people and lifestyle. There may not be two countries that are more similar to each other in the developed world than these two. However, there are some differences between the two nations and those differences dictate how businesses should alter their strategies when dealing [...]

Canadian dollar stays strong, but prices still high

  The Canadian dollar (CAD) has been relatively stable for a while now and has been hovering just below parity with the US dollar (USD). The CAD has been in the $0.95-$0.99 range for some months now with only short periods out of this range. Some parts of the Canadian economy are impacted negatively by this strong [...]

Strong Canadian dollar has one positive

The Canadian dollar has reached parity with the USD and it appears that it is not going to turn back down that quickly as was expected by a lot of people. The strong dollar makes it very difficult for a lot of businesses in Canada to succeed. Companies that rely on exports to US, which [...]

Canadian dollar to stay around par with US dollar

The Canadian dollar has been hovering close to par with the US dollar for some time now and many experts are saying that it will continue for the foreseeable future. There are even growing thoughts that it will surpass the US dollar and might reach levels of $1.15-$1.20 USD for every Canadian dollar. If it does [...]