Stats Confirm That Canada’s Economy Continues to Grow 090717

Stats Confirm That Canada’s Economy Continues to Grow 090717

The latest update from Statistics Canada has confirmed that the economy continues to go from strength to strength. The economy is enjoying the ‘rarified territory’ of continued growth of well over 3%. The figures follow on from the growth rate of 3.7% enjoyed during the first three months of 2017, marking out a strong start […]

The State of Play for Bitcoin in Canada 083117

“Bitcoin GreenFlare_IMG_8289” (CC BY 2.0) by btckeychain Although Bitcoin and other cryptocurrencies are not yet legal tender in Canada – with only the Canadian dollar considered official currency – digital currencies are recognised as a commodity by the Canada Revenue Agency (CRA). Although digital currency transactions are not supported by the nation’s central bank or government, they are […]

What’s new on the Canadian Foreign Exchange Market?

What’s new on the Canadian Foreign Exchange Market?

What’s new on the Canadian Foreign Exchange Market? The US dollar (USD) is the most traded currency in the world, with an 87.3% share of all daily transactions. It’s easy to forget that just north of the USA is another currency with strength in its own right. The Canadian dollar (CAD) is the seventh most […]