CanAm Currency Blog, Market Insights and Currency Exchange News

Calgary Currency Exchange for Cross-Border Workers: Complete Tax & Transfer Guide

November 4, 2025

Earning a U.S. dollar salary while living in Calgary presents unique financial opportunities—and challenges. Whether you're a tech professional working remotely for a Seattle-based company, an oil and gas specialist…

USD to CAD Exchange Rates in Calgary: How to Get the Best Deal in 2025

November 3, 2025

If you're exchanging USD to CAD in Calgary, you could be losing hundreds—or even thousands—of dollars without realizing it. The difference between a good exchange rate and a poor one…

Digital Currency vs. Physical Currency Exchange in Ontario

October 13, 2025

The way Ontario residents exchange foreign currency has transformed dramatically over the past decade. What once required a trip to a bank branch or currency exchange office can now be…

Holding Multiple Currencies in Ontario: Tax & Strategy Guide

October 11, 2025

The landscape of personal and business finance in Ontario has evolved dramatically over the past decade. An increasing number of Ontario residents now maintain accounts in multiple currencies—primarily US dollars,…

USD to CAD Exchange Rates Ontario: Daily Market Analysis

October 9, 2025

If you're a cross-border worker commuting between Windsor and Detroit, a business owner dealing with US suppliers, or anyone regularly converting US dollars to Canadian dollars in Ontario, you're probably…

Euro to CAD Exchange in Ontario: Where to Get Best Rates

October 8, 2025

If you've ever exchanged euros at a Canadian bank, you know the frustration of watching your money disappear into poor exchange rates and hidden fees. Whether you're returning from a…

Starting a Business in Windsor: Entrepreneur’s Guide

September 24, 2025

Windsor's unique position as Canada's southernmost city creates exceptional opportunities for entrepreneurs ready to build innovative businesses in a dynamic border community. The city's strategic location provides unparalleled access to…

Weekend in Detroit: Currency Exchange Planning for Windsor Residents

September 24, 2025

Windsor residents are uniquely positioned to enjoy everything Detroit has to offer, from world-class dining and entertainment to professional sports and cultural attractions. The Ambassador Bridge and Detroit-Windsor Tunnel make…

Windsor Business Owners: Managing Multi-Currency Transactions

September 24, 2025

Windsor's strategic location at the heart of North America's busiest international border crossing creates unprecedented opportunities for local businesses. This unique geographical advantage, however, comes with its own set of…

Windsor vs Detroit: Cross-Border Living Comparison

September 14, 2025

Cross-border living is a unique experience, like the one between Windsor and Detroit. These cities, on the Canada-US border, share a rich history and culture. They are great for those…

Windsor’s Best Neighborhoods: Where to Live in the Rose City

September 13, 2025

Windsor, Ontario, is called the "Rose City" for good reason. It has a diverse population and many neighborhoods to choose from. You can find everything from rural farmland to busy…

Windsor Winters: Surviving and Thriving in the Cold

September 12, 2025

As winter comes, residents of Windsor get ready for the cold. Environment and Climate Change Canada says Windsor-Essex will be cooler in December. So, winter preparation is key for a…

Family Fun in Windsor: Activities for Kids and Parents

September 11, 2025

Windsor, Ontario, is a great place for families to make memories. It has lots of exciting attractions for everyone to enjoy. There are outdoor adventures and educational spots for all…

Windsor Fall Guide: Autumn in the Rose City

September 10, 2025

When autumn comes to Windsor, Ontario, the city lights up with colours and fun. It's a perfect place for those who love the beauty of the season. We're excited to…

Windsor Food Scene: Best Restaurants and Local Eats

September 9, 2025

We're excited to explore Windsor's food scene. Here, you'll find a variety of local eats waiting to be tried. The city's food is a mix of flavors, pleasing every taste….

Retiring in Windsor: Senior Living Guide

September 9, 2025

Windsor is becoming a top choice for retirees. It has a mix of culture and a stunning waterfront. This makes it a lively place for seniors to live. Choosing Windsor…

The Ultimate Guide to Living in Windsor, Ontario: Everything You Need to Know

September 9, 2025

Windsor sits on the Canadian side of the Detroit River, facing Detroit and forming part of North America’s largest trans‑border urban area. This city blends big‑city services with small‑city ease,…

Explore Varo Bank Alternatives in Canada for 2025

May 27, 2025

Varo Bank is a U.S.-based digital-only bank that has gained popularity for offering fee-free checking accounts, high-yield savings rates, and features like early direct deposit and the Varo Bank referral…

Find Top Current Bank Alternatives With Best Rates Canada

May 26, 2025

Current Bank is a U.S.-based digital bank that offers modern financial tools, including no-fee checking accounts, budgeting features, and instant notifications. It’s popular for its sleek app, savings pods, and…

Top Ally Bank Alternatives in Canada With Better Rates

May 23, 2025

Ally Bank is a U.S.-based digital bank known for its no-fee structure, high-interest savings accounts, and unique tools like Ally Bank buckets for budgeting. With a sleek Ally Bank app…

Manulife Bank Alternatives in Canada With Lower Fees & Rates

May 20, 2025

Manulife Bank of Canada is a digital-first bank offering a range of personal financial services, including savings, chequing, mortgages, and investment-linked accounts. Accessible nationwide through Manulife Bank online, it appeals…

Motusbank Alternatives in Canada With Lower Fees & Rates

May 18, 2025

Motusbank is a digital bank owned by Meridian Credit Union, known for offering competitive rates, zero monthly fees, and a simplified online banking experience. While it earned positive attention in…

Scotiabank Alternatives in Canada for Better Services

May 13, 2025

Scotiabank Canada is one of the country’s leading financial institutions, offering a broad range of services from Scotiabank personal banking to investment accounts and credit cards. While it’s accessible across…

Top Instarem Alternatives in Canada for Safe Transfers

May 7, 2025

Instarem is a digital money transfer service known for offering competitive exchange rates and fast cross-border payments. While it's available in Canada, users often report concerns about transfer delays, exchange…

Best Alternatives to Starling Bank Canada for Online Use

May 5, 2025

Starling Bank is a UK-based digital bank known for its sleek mobile app, zero monthly fees, and real-time spending insights. It offers current accounts, business accounts, and tools that make…

Top XE Alternatives in Canada for Transfers & Exchange

April 25, 2025

XE Money Transfer is a well-known name in currency exchange, trusted by millions for live XE currency rates and international transfers. Canadians use XE Money Transfer Canada to send funds…

TD Bank Alternatives in Canada for International Transfers

April 23, 2025

If you’ve ever sent money abroad through TD Bank Canada, you may have noticed the unexpected costs from transfer fees to hidden exchange rate markups. While TD offers international options…

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Explore Varo Bank Alternatives in Canada for 2025

May 27, 2025

Top Ally Bank Alternatives in Canada With Better Rates

May 23, 2025

Ally Bank is a U.S.-based digital bank known for its no-fee structure, high-interest savings accounts, and unique tools like Ally Bank buckets for budgeting. With a sleek Ally Bank app…

How to Save Money on Currency Exchange in Canada

January 14, 2025

Did you know that millions of dollars are lost annually due to hidden currency exchange fees? Many people unknowingly fall victim to poor exchange rates, high service charges, and last-minute…

How Forex Hedges Against Currency Risk in International Investments

September 25, 2024

When you invest internationally, you are not just exposed to market fluctuations but also to currency risk. This additional layer of complexity can significantly impact your returns, both positively and…

How to Protect Yourself from Gold and Silver Scams

September 19, 2024

Finding fair prices for gold and silver can be challenging, and many people trying to avoid high fees online falling victim to gold and silver scams. This could lead to…

How Bullion Investments Can Transform Your Retirement

September 13, 2024

When retirement is near, it is important to have adequate funds through investments and savings to live your life comfortably. A survey conducted by Benefits Canada states that, on average,…

Understanding the Differences Between Gold Coins and Gold Bullion

June 21, 2024

There are a plethora of metals to invest in, but one that stands unbeatable and has been a prime choice of investors for ages is gold. The reason behind the…

Mandatory Tips & Precautions to Consider Before Buying Gold Coins

May 31, 2024

Gold has always been seen as a valuable and prestigious investment, symbolizing wealth and stability across different cultures and time periods. A successful gold investment requires careful consideration and knowledge…

Best Ways To Exchange Your Currency For A Trip Abroad?

April 19, 2024

While packing your bags for an international trip, one of the most important items to carry is, ‘foreign currency.’ Fortunately, there are several easily accessible methods available to get your…

What is Hedging in Foreign Exchange Market?

October 30, 2023

In today’s interconnected global economy, businesses engaging in international trade face various challenges, one of which is managing their foreign currency exchange needs and costs. Fluctuating exchange rates can significantly…

How to Convert USD to CAD

October 30, 2023

As businesses and individuals increasingly engage in global trade and travel, the need to convert USD to CAD (United States Dollar to Canadian Dollar) becomes ever more critical. Understanding the…

How Does the Foreign Exchange Market Work?

May 1, 2023

The foreign exchange market is a decentralized financial market where currencies are traded. Foreign currency markets are the largest and most liquid financial markets in the world, with an average…

Silver Bullion In The Tech Industry

May 1, 2023

Silver bullion, with its unique properties, has long been an essential material for the technology industry. From smartphones to solar panels, silver plays a crucial role in powering our digital…

Interest Rates

April 26, 2023

Interest rate hikes have become a hot topic in the financial world lately, with many investors and economists closely monitoring any changes that may occur. In this blog, we will…

Understanding How Foreign Exchange Rates are Determined

April 18, 2023

The foreign exchange market is the backbone of international trade and commerce, facilitating the exchange of currencies across borders. Understanding how foreign exchange rates are determined is essential for anyone…

Why Do Foreign Exchange Rates Fluctuate?

April 18, 2023

In order to understand the reasons behind the fluctuations in foreign exchange rates, it is important to have a basic understanding of the economic concept of supply and demand and…

How to Buy Physical Gold and Silver in Canada

April 18, 2023

Are you looking for a reliable investment that can protect your money from inflation and economic uncertainty? Look no further than physical gold and silver. These precious metals have been…

The History of Gold and Silver Bullion: An Overview

April 5, 2023

Gold and silver bullion have been used as a store of value and a medium of exchange for thousands of years. These precious metals have played a significant role in…

The role of gold and silver bullion in Central Banks reserves

March 28, 2023

Central banks are responsible for managing a country's monetary policy, and one of their primary roles is to maintain price stability. To achieve this objective, central banks hold reserves in…

How Bullion Is A Hedge Against Inflation

March 28, 2023

Inflation is a term used to describe the steady increase in the general price level of goods and services over time. Inflation can be a concern for investors as it…

Tax Implications Of Investing In Bullion

March 16, 2023

Bullion investment has long been considered a safe haven investment, providing a hedge against inflation and economic uncertainties. However, before investing in bullion, it is essential to understand the tax…

How To Evaluate The Purity And Authenticity Of Bullion

March 16, 2023

Bullion is a precious metal that is used as a store of value and a medium of exchange. It is important to ensure that the bullion you purchase is pure…

The Effects of Mining Supply and Demand on Bullion Prices

March 10, 2023

Mining is an essential component of the global economy. Various minerals and metals such as gold, silver, copper, and iron ore are extracted from the earth to support industries and…

Global Impact on Bullion Prices

February 27, 2023

Gold and silver bullion have been popular investment options for centuries, and they are often viewed as a hedge against inflation during economic uncertainty. Various factors, including global economic conditions,…

How do Exchange Rates Affect International Business?

February 23, 2023

Globalization has largely been a blessing to business owners, as it has introduced them to an international business landscape they otherwise would never have been exposed to. Because of this…

The role of gold and silver in portfolio diversification

February 22, 2023

When it comes to investing, diversification is key. Having a variety of assets in your portfolio can help spread risk and potentially increase returns. One way to diversify your portfolio…

How to Store Precious Metals?

February 22, 2023

Investing in precious metals like gold and silver bullion is a popular strategy for diversifying one's portfolio and protecting against inflation and market volatility. However, buying and storing physical bullion…

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Holding Multiple Currencies in Ontario: Tax & Strategy Guide

October 11, 2025

Understanding Exchange Rates: Save Big with Small Differences

January 15, 2025

Did you know that understanding even a 0.5% difference in exchange rates can save you hundreds of dollars on large transactions? For travelers, business owners, and investors, ignoring exchange rates…

9 Factors That Influence Currency Exchange Rates

September 20, 2020

What Is Currency Exchange Rate Currency Exchange Rate is the rate at where one currency can be exchanged for another while impacting the movement and trade of money among different…

How to Make Money Out of Foreign Exchange?

August 26, 2020

You have probably heard of people making money on the foreign currency exchange market. They invest small amounts and reap significant returns. If you are like many people, you may…

Where Should You Exchange Foreign Currency?

August 14, 2020

Buying foreign exchange currency is sometimes necessary, especially when traveling or sending money to someone in a different country. If you are traveling, you might use your debit card to…

Best Ways to Send Money Abroad

August 6, 2020

Finding the best ways to send money abroad may help you periodically like when you travel or influence your daily life if you are a freelancer. Understanding factors like money…

Foreign Currency Exchange Risk Explained

July 17, 2020

Foreign Exchange Risk Defined A foreign currency exchange risk is the loss that can occur between international financial transactions due to currency fluctuations. This is commonly mentioned as a fx…

Currency Exchange Rates: Read & Calculate Them With Ease

July 16, 2020

Currency exchange rates are commonplace for travelers, bankers, international investors, and businesses with global trade. For people not involved in these fields, an exchange rate may seem a bit confusing….

How Currency Exchange Rates Work and What Impacts Them

July 15, 2020

How Do Currency Exchange Rates Work? Currency Exchange rates refer to the worth of your currency when converted to a foreign currency. There is no constant exchange rate due to…

Why Buy Gold In Preparation for an Economic Downturn?

April 14, 2020

In any economic downturn, investors buy gold. When the stock market starts to fall, or a currency undergoes devaluation, investments in gold almost always start to climb. Why is this,…

Where In Canada Can I Buy US Dollars?

March 28, 2020

US Dollars is a currency that often stays high in demand. Since the US shares a border with Canada, it is easily accessible, and an uncountable number of people travel…

CanAm Currency Exchange & COVID-19

March 17, 2020

CanAm Currency Exchange has been closely monitoring COVID-19 developments. Due to this dynamic situation, we are required to adapt our business procedures to protect our clients and employees. The health…

Why Use A Currency Exchange Service?

March 7, 2020

Benefits of using a Currency Exchange Service: The benefits of using a currency exchange service is really simple: you get more money by saving on fees. This is the essential…

Tips for Canadians Retiring in the US

November 27, 2019

At some point in our lives, we dream of making the sea-change. Moving from somewhere cold to somewhere warm, from the mountains to the ocean. And for many Canadians, that…

Bank of Canada rate decision in focus for USDCAD traders, with risk aversion flows supporting

May 31, 2019

Bank of Canada decision at 10amET. No press conference. No change expected with balanced outlook. S&P futures -20. US 10s down 4bp to 2.22%. Global investors fleeing to bonds. USD…

USD trading mixed in quiet start to holiday shortened week

May 28, 2019

USD Trading Update US traders returning from Memorial Day long weekend devoid of major US/China trade headlines. USDCAD bouncing but trend-line resistance in the 1.3470s capping. EURUSD holding support in…

Calgary Currency Exchange for Cross-Border Workers: Complete Tax & Transfer Guide

November 4, 2025

USD to CAD Exchange Rates in Calgary: How to Get the Best Deal in 2025

November 3, 2025

If you're exchanging USD to CAD in Calgary, you could be losing hundreds—or even thousands—of dollars without realizing it. The difference between a good exchange rate and a poor one…

Digital Currency vs. Physical Currency Exchange in Ontario

October 13, 2025

The way Ontario residents exchange foreign currency has transformed dramatically over the past decade. What once required a trip to a bank branch or currency exchange office can now be…

Holding Multiple Currencies in Ontario: Tax & Strategy Guide

October 11, 2025

USD to CAD Exchange Rates Ontario: Daily Market Analysis

October 9, 2025

Euro to CAD Exchange in Ontario: Where to Get Best Rates

October 8, 2025

If you've ever exchanged euros at a Canadian bank, you know the frustration of watching your money disappear into poor exchange rates and hidden fees. Whether you're returning from a…

Best Wise Alternatives in Canada for Safe Money Transfers

February 20, 2025

Wise has become one of the most popular options for international money transfers, offering low fees and real exchange rates. Many Canadians use a Wise account in Canada to send…

No Venmo in Canada? Try These 10 Best Alternatives for Easy Money Transfers

February 13, 2025

Looking for Venmo alternatives in Canada? You’re not alone! While Venmo’s user-friendly platform is popular in the U.S., many Canadians wonder: Is Venmo available in Canada? or Can Canadians use…

What Is Revolut? Top Alternatives in Canada for Banking & Cards

February 6, 2025

Have you heard of Revolut, the global fintech superstar? It’s revolutionized banking for millions worldwide with its innovative cards and app. But if you’re in Canada, you’ve likely discovered Revolut…

Using a Credit Card Abroad: What’s the Most Cost-Effective Option?

January 31, 2025

Traveling abroad can be an exhilarating experience, but managing your finances while exploring foreign lands is crucial. One of the most common dilemmas travelers face is whether to use a…

Mistakes to Avoid When Exchanging Currency | Expert Guide

January 14, 2025

Exchanging currency is an essential step for many travelers and international business professionals. When planning a vacation or handling global transactions, getting the best value for your money is essential….

How to Protect Yourself from Gold and Silver Scams

September 19, 2024

Finding fair prices for gold and silver can be challenging, and many people trying to avoid high fees online falling victim to gold and silver scams. This could lead to…

How Bullion Investments Can Transform Your Retirement

September 13, 2024

When retirement is near, it is important to have adequate funds through investments and savings to live your life comfortably. A survey conducted by Benefits Canada states that, on average,…

Understanding the Differences Between Gold Coins and Gold Bullion

June 21, 2024

There are a plethora of metals to invest in, but one that stands unbeatable and has been a prime choice of investors for ages is gold. The reason behind the…

7 Reasons to use a foreign exchange service for currency transfers

May 24, 2024

When you need to send money abroad, it’s important to make an informed decision to ensure the lowest charges and safe transfers. Banks might seem like the obvious choice, but…

9 Factors That Influence Currency Exchange Rates

September 20, 2020

What Is Currency Exchange Rate Currency Exchange Rate is the rate at where one currency can be exchanged for another while impacting the movement and trade of money among different…

How to Make Money Out of Foreign Exchange?

August 26, 2020

You have probably heard of people making money on the foreign currency exchange market. They invest small amounts and reap significant returns. If you are like many people, you may…

Where Should You Exchange Foreign Currency?

August 14, 2020

Buying foreign exchange currency is sometimes necessary, especially when traveling or sending money to someone in a different country. If you are traveling, you might use your debit card to…

Best Ways to Send Money Abroad

August 6, 2020

Finding the best ways to send money abroad may help you periodically like when you travel or influence your daily life if you are a freelancer. Understanding factors like money…

Foreign Currency Exchange Risk Explained

July 17, 2020

Currency Exchange Rates: Read & Calculate Them With Ease

July 16, 2020

How Currency Exchange Rates Work and What Impacts Them

July 15, 2020

How Do Currency Exchange Rates Work? Currency Exchange rates refer to the worth of your currency when converted to a foreign currency. There is no constant exchange rate due to…

Canada’s Interest Rates & Inflation: Market Eyes August For Possible Cut To 5%

October 16, 2024

On Wednesday, the Bank of Canada announced a 0.25 percentage point reduction in its standard interest rate, bringing it down to 4.5%. This move focuses on developing the economy as…

How the Market Reacts to Fed Rate Cuts

September 10, 2024

Financial markets are directly correlated with the rate cut expectations from the FED, serve as a signal to the broader economy, and can trigger effects within the investment geography. Stimulating…

Bank of Canada’s Mandate: How Rate Cuts Fit In

June 6, 2024

The Canadian dollar is projected to appreciate less than initially anticipated over the next year as the plan for rate cuts expectations from the Bank of Canada advances in controlling…

Where can Canadians travel to this Winter?

December 10, 2020

Canadians looking to travel this winter can rest easy knowing there are destinations not requiring a two-week quarantine when they land. COVID19 is not going away anytime soon, and Canadians…

Currency Exchange Rates: Read & Calculate Them With Ease

July 16, 2020

How Currency Exchange Rates Work and What Impacts Them

July 15, 2020

How Do Currency Exchange Rates Work? Currency Exchange rates refer to the worth of your currency when converted to a foreign currency. There is no constant exchange rate due to…

CanAm Currency Exchange & COVID-19

March 17, 2020

How Forex Hedges Against Currency Risk in International Investments

September 25, 2024

Investing in Gold vs. Silver: Which Is Right for You?

August 18, 2021

What's all the fuss about investors turning to precious metals like gold and silver? We're not talking about stocks, bonds, or cryptocurrency here. Are you interested in discovering the differences…

A Diversified Portfolio: 8 Intelligent Reasons to Buy Gold

June 29, 2021

Should you buy gold? Is it a worthwhile investment? You see plenty of television commercials and advertisements to buy gold and own gold. But what intelligent reasons are there to…