Central Bank of Canada maintains the same interest rate

​​Poloz comfortable leaving rates steady, despite volatile climate
Cited from: The Globe and Mail -- BARRIE MCKENNA

​Stephen Poloz says the Bank of Canada is struggling to get a good reading on inflation because of a raft of temporary factors,... Read More

oil prices on the rise; loonie gains 

​​Oil Prices Climb on Production Forecast

​U.S. government forecasters call for shale-oil production to decline this summer

Cited from: The Wall Street Journal -- By NICOLE FRIEDMAN

​Oil prices rose on Tuesday after U.S. government forecasters called for shale-oil production to decline this summer. The U.S... Read More

​​​Market News

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 We exchange about 100 different currencies. 

The loonie is on track for its biggest yearly gain in eight years

Financial Post 

http://business.financialpost.com/news/economy/canada-fx-debt-c-adds-to-2-month-high-on-course-to-rise-7-2-pct-in-2017

Dec 29, 2017 1:12 PM ET

The Canadian dollar strengthened to a two-month high against its U.S. counterpart on Friday ... Read More

Rates are subject to change over extreme market fluctuations (a change over 1% within a day). The final Price will be offered by the teller at the store at the time of exchange. If a currency is not available at the office, the new rate would be set by the teller.Type your paragraph here.

North and South Korea vow to end the Korean War in historic accord

By James Griffiths, CNN; Updated 9:37 AM ET, Fri April 27, 2018 

​​https://www.cnn.com/2018/04/27/asia/korean-summit-intl/index.html

Ilsan, South Korea (CNN)The leaders of North and South Korea have committed themselves to the complete denuclearization of the Korean Peninsula &... Read More


Exchange Rates

Rates updated on: Wednesday, March 27th, 2024, 10:00 A.M.

U.S. Economy Grows at Steady Clip

Military Spending and Drop in Imports Drive 3.5% Gain in GDP as Global Headwinds Gather

By NICK TIMIRAOS -- Oct. 30, 2014 7:07 p.m. ET -- Cited from: Wall Street Journal: http://online.wsj.com/ Read More

Economy grew 0.8% in October, sees gain in November, Statistics Canada says

Canadian economy posted its 5th straight monthly gain 

​https://www.cbc.ca/news/business/canada-economy-gdp-oct-nov-2021-1.6296214

Canadian Press · Posted: Dec 23, 2021 9:38 AM

OTTAWA — A preliminary analysis of the federal books says the government ran a budgetary surplus of $300 million through the first nine months of the fiscal year.                                 Read More

USD/CAD drops to lows on Payrolls 

April 3rd, 2015 -- Cited from: FXStreet

​FXStreet (Edinburgh) - The USD's decline is now gathering traction vs. the Canadian dollar, sending USD/CAD to print fresh daily troughs... Read More

What world leaders are saying about Emmanuel Macron’s victory in France
By Jessica Vomiero  / National Online Journalist  Global News    / May 8, 2017

http://globalnews.ca/news/3432969/world-leaders-emmanuel-macron-victory-france/               Read More

Pound crash: Mystery 6% plunge to be investigated by Bank of England
Sterling fell as much as 6 per cent to $1.1841 – the biggest plunge since the Brexit vote
Zlata Rodionova / independent.co.uk / October 7, 2016

​The Bank of England has confirmed that it will investigate the cause of a sharp fall in the value of the pound... Read More

Trudeau government posted $300-million surplus in the first nine months of  2018-2019
Financial Post /Sean Kilpatrick/The Canadian Press 
https://business.financialpost.com/news/economy/trudeau-government-posted-300m-surplus-in-first-nine-months-of-2018-19

OTTAWA — A preliminary analysis of the federal books says the government ran a budgetary surplus of $300 million through...              Read More

Canadian dollar plunges to 71 cents after one-two punch from Fed and oil 

​​Allison McNeely, Bloomberg News, Financial Post · Dec. 17, 2015 

Cited from: The National Post

​The Canadian dollar tumbled to an 11-year low on declining oil prices, one day after the U.S. Federal Reserve’s decision to boost interest .​..Read More

Here’s how Canada’s new tariffs on U.S. imports could impact your weekly shopping bill 

​By Jessica Vomiero, National Online Journalist Global News       Updated 12 PM , July 6, 2018 

https://globalnews.ca/news/4307041/canada-tariffs-us-imports-shopping-bill/

A few days after Canada’s retaliatory tariffs on U.S. imports, worth a total of CAD$16.6 billion, came into effect, the question...    Read More

British pound plunges as Brexit fears continue to swirl 

​Leslie Shaffer, Wednesday, 6 Jul 2016 | 11:48 AM ET

Cited from: http://www.cnbc.com/

Read More

Bank of Canada raises interest rate for 1st time in 7 years to 0.75%

​Loonie gains more than 1 cent US after rate hike
CBC News      Jul 12, 2017 10:01 AM ET

http://www.cbc.ca/news/business/bank-canada-interest-rate-monetary-policy-1.4200814

The Bank of Canada has raised its key interest rate as expected to 0.75 per cent...   Read More

Oil price slump drags discoveries to lowest level in 60 years 

​Just 12.1 billion barrels of reserves were added last year, threatening future production levels

Joe Raedle/Newsmakers -- Cited from: http://www.theweek.co.uk/​       ​Read More

Canadian dollar plunges to 71 cents after one-two punch from Fed and oil 

​​Allison McNeely, Bloomberg News, Financial Post · Dec. 17, 2015 

Cited from: The National Post​    ​Read More

Quebec shells out $25 million for business digital transformation


Daniel J. RoweCTVNewsMontreal.ca Digital Reporter


The Quebec government is shelling out almost $25 million for businesses looking to enter the future.

Economy and Innovation Minister Pierre Fitzgibbon announced that the CAQ government will release $24.6 million to support eight projects under the Digital Transformation Offensive (OTN).

          Read More

Canada's inflation rate tumbled to 2.9% in January, grocery prices rise more slowly


The Canadian Press


OTTAWA - Canada's annual inflation rate fell to 2.9 per cent last month, marking a sharper deceleration in price growth than expected by forecasters.
Statistics Canada's consumer price index report released Tuesday says the largest contributor to the decline was lower gasoline prices on a year-over-year basis.

The annual inflation rate was 3.4 per cent in December.


Tuesday's report offers several layers of good news for consumers as price growth decelerated in five out of eight components of the consumer price index, including food.

Grocery prices were up 3.4 per cent annually in January compared with 4.7 per cent in December.


.            Read More



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