Blog & Press Room

Depending on the platform you are using, sending money may be quick, easy, and hassle-free. We've put up a money transfer checklist to make your international or domestic currency exchange more efficient before that money transfer deadline arrives.

Retiring abroad is a big decision. It means moving to another country and setting up your life in a new place, with different laws, customs, and cultures. There are so many benefits to retiring overseas retirement that it’s worth considering before making this major change.

Many Canadians are looking overseas to buy property because prices in Canada have risen dramatically over the last few years. Many see their overseas investment as much more affordable than if they were to buy land here in Canada.

Statista¹ estimates that nearly 1.2 trillion USD worth of products and services will be sold via B2B e-commerce websites by the end of 2021. According to Digital Commerce 360, B2B marketplaces generated $680 billion in 2018, and they expect revenues to increase to $3.6 trillion by 2024. To put it in context, that is about twice the value of Canada’s projected GDP for 2021.

Google defines a snowbird as either “a northerner who moves to a warmer southern state in the winter”, or “a junco with gray or brown upperparts and a white belly.” These definitions are quite similar if you think about it. Most Canadians who spend their winters in states like Florida, Arizona, California, and the Carolinas have gray hair, a brown “farmer’s tan” and white bellies.

Have you considered paying your vendors in their local currencies? This is why you should

Currency exchange rates are volatile and can add extra risks in doing business with foreign companies, especially in today's economic climate. If exchange rates are not fixed when business deals are finalized with international customers, you open your business to currency risk that creates added costs, impacts profits, and can reduce your cash flow.

Have you created your post-covid business plan? 5 steps to protect you from rebounding market risk.

When developing an up-to-date treasury management practice for your business in today’s climate you need to ensure your plan includes an international payment and currency risk management approach to be sure you protect your profits from exposure in the current volatile marketplace.

Are you still using your bank for your foreign exchange business? There is a more cost-effective alternative.