Q: There can be little doubt that investors, since the elections of successive Trudeau administrations, have become increasingly wary about sinking money in Canada. Outflows double inflows of capital and our dollar's value has fallen by 20% retarding ROI's for investors. What is 5i's outlook for the Cdn$ and investment going forward?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: at 1.40 and heading lower, why would anyone invest in Canadian stocks or bonds for that matter.?..also why cant the government get their house in good financial order to show to the rest of world that we care about balancing the budget? pissed off snow bird...
Q: I believe recently discussed a maneuver to exchange CAD to USD. Is that something I can do in a self directed I trade account?
It seems to me that if this is a dead cat bounce in the market and there is another test of lows that having USD would be a good hedge. What are your thoughts on the best currency to preserve capital?
It seems to me that if this is a dead cat bounce in the market and there is another test of lows that having USD would be a good hedge. What are your thoughts on the best currency to preserve capital?
Q: What is your view of where the Canadian dollar is headed from here. Would you recommend using a hedge at this time? Thanks
Q: Hi TEam,
I know you don't like making short term predictions. However, Canadian dollar is dropping fast. I have some cash parked and would it be a good idea to convert them to US dollars until things settle down.
Thanks
I know you don't like making short term predictions. However, Canadian dollar is dropping fast. I have some cash parked and would it be a good idea to convert them to US dollars until things settle down.
Thanks
Q: We’re do you see the Canadian dollar in relation to the US dollar this year? Weakening, same as it is today or strengthening? Also would it be stable or with volatility?
Clayton
Clayton
Q: Annual Exchange Rates - US dollar: Where can I get these exchange rates for the years 2011 to 2018? The Bank of Canada web site only shows 2017 and 2018. Thank you.
Q: I believe the Canadian dollar is linked to the price of oil. Is that is true we’re do you see the Canadian dollar vs the US dollar this year. If the dollar is not linked to the price of oil were do you see the Canadian dollar this year.
Clayton
Clayton
Q: CBC is reporting a possible strengthening of the Canadian dollar as oil continues to rebound. Any recommendations on how to possibly benefit from this? Any particular companies to watch that could really benefit from a stronger loonie?
http://www.cbc.ca/news/business/loonie-oil-canada-1.4769706
http://www.cbc.ca/news/business/loonie-oil-canada-1.4769706
Q: My life is increasingly shifting towards the U.S. (grandchildren live there and my wife is a U.S. citizen and we spend six months ever year there, with more time likely). as such, the U.S. dollar plays a bigger part of our lives. Added to that is my bearish outlook for the Can. Dollar and my belief a recession is becoming more likely. In the event of a global recession, is there any credible scenario in which the Can. dollar would appreciate vs. the Greenback. And could you provide any historical data regarding how the Can.$ fares vs. the U.S.$ in a recessionary situation.
Q: Hello, I would like to have some US dollars for future travel. Is it a good time to change some Canadian into US currency? What is your outlook for each in next 3-6 months? Thanks. Helen
Q: This is probably a tough one to call but what do you think about the Canadian $ versus the US$. Is it going up or down and what you you buy VFV or VSP or a combination of both? With thanks, Bill
Q: My portfolio is 50% U.S; 20% Asia; 30% CAN; I was waiting for the NAFTA negotiations to lower the CAN dollar at which time I would repatriate some cash from the U.S. To CAN.....however with the strong commodity market of late the CAN dollar is surging........should I wait or repatriate now? Just looking for another opinion...... Thank you!
Q: Until recently the pundits were claiming the Can dollar would be going lower in relation to the US dollar, in the last week or so that tune has changed. Given the recent CAN dollar strength, what does your Crystal ball say going forwards? ( and why, US Tax? move to commodities?)
Much thanks
Much thanks
Q: I have just sold my sailboat to a US buyer so they proceeds are in USD and my wife has had primarily US clients lately. To integrate this into my portfolio and maintain by target balance about 75% of it needs to be converted to CAD.
I know forex is difficult to predict but would appreciate if the CAD run-up is overdone or if it is supported by predicted pace of interest rate hikes in Canada vs the US and likely to maintain its current level for a while.
I can do 3 transactions to meet the threshold for reduced exhange costs at my online brokerage and was planning 1 this week and then 2-3 months down the road to do the next.
Thanks.
I know forex is difficult to predict but would appreciate if the CAD run-up is overdone or if it is supported by predicted pace of interest rate hikes in Canada vs the US and likely to maintain its current level for a while.
I can do 3 transactions to meet the threshold for reduced exhange costs at my online brokerage and was planning 1 this week and then 2-3 months down the road to do the next.
Thanks.
Q: We always see the US$ FX value, today south of 93. As for the Cdn $, we always see it against the US$. Is there a Cdn$ index where it is measured against a basket of other currencies, not just the US$. Thanks.
Q: Hi,
I will need to change some US dollars into CDN dollars for a land purchase. I feel I missed the boat at $1.37, but I would like your opinion on where you think the USD/CDN exchange is headed in the next 3 months?
I will need to change some US dollars into CDN dollars for a land purchase. I feel I missed the boat at $1.37, but I would like your opinion on where you think the USD/CDN exchange is headed in the next 3 months?
Q: Foreign asset and currency exposure.
As a retiree, I am concerned about the non-Canadian content of my portfolio. While all my holdings are listed in Canada, an increasing portion of the issuers' assets and/or revenue is in other countries, primarily US.
Are there any meaningful fx predictions for the next 5 years?
Is it fair to assume that issuers which report in US dollars will hedge, if at all, foreign revenue to US dollars and disregard
the fx risk of US revenue to its Canadian shareholders, even in cases (eg Brookfield) which are managed in Canada? On the other hand, I suppose that issuers which report in CAD would be motivated to hedge their USD revenue.
As a retiree, I am concerned about the non-Canadian content of my portfolio. While all my holdings are listed in Canada, an increasing portion of the issuers' assets and/or revenue is in other countries, primarily US.
Are there any meaningful fx predictions for the next 5 years?
Is it fair to assume that issuers which report in US dollars will hedge, if at all, foreign revenue to US dollars and disregard
the fx risk of US revenue to its Canadian shareholders, even in cases (eg Brookfield) which are managed in Canada? On the other hand, I suppose that issuers which report in CAD would be motivated to hedge their USD revenue.
Q: I realise this is a hard question to get right but here goes: If you had some Canadian dollars to change into US dollars would you go for it now or wait?
Q: Peter; Is there a ETF or other option to buy the CAD ? Thanks. Rod