If you’re Canadian and you’ve sent money to someone else in Canada before, you’ve likely used Interac e-Transfer. But did you know that you can use Interac e-Transfer to send money to the US too? That’s right, and it couldn’t be easier!
Here’s how to get started:
Are you itching to travel but concerned about the high cost of airfare? Low-cost airlines are an increasingly popular option for travelers who want to see more of the world without breaking the bank. Let’s take a look at some of the best budget airlines for exploring Europe and Canada.
Yesterday was fairly quiet, with range-bound trading for both equities and FX markets, including the Canadian dollar, remaining relatively flat. However, today, stocks have turned lower after several smaller regional US banks, most notably First Republic, reported larger than expected deposit outflows (meaning more money is flowing out of the bank than into the bank), suggesting that stability risks have not entirely gone away. Additionally, market expectations for Google to report another drop in ad revenue and for Microsoft to indicate that their earnings growth likely slowed down last quarter are adding to the pessimistic outlook. Adding to the negative sentiment, US consumer confidence has hit a nine-month low.
The Canadian dollar was moderately lower again on Friday against the US dollar. The Canadian dollar is currently trading at 1.3548, its lowest level since April 10th. The Canadian dollar has lost about 1.2 percent versus the US dollar this week (at the time of writing).
