How to profit from parity
Tips on benefiting from the strong dollar.
GST holiday break: Is it good for Canada’s economy?
Economists share how the temporary tax cut and relief cheques may play into Canada’s growth picture.
With the Canadian dollar hovering around parity, Globe Investor has suggested some tips for getting the most bang for your at-par buck.
Opening a U.S. bank account is a wise idea for anyone looking to travel to the United States on even a semi-frequent basis. Partner your account with a U.S. dollar credit card and you’ll save yourself the 2.5% currency conversion fee that’s common at most banks.
Investing in marked-down luxury goods is another smart idea. Porsche, for instance, has just announced price cuts of up to $10,500.
Other good options include buying U.S. stocks and properties.
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