Canadian Dollar
Posted in Uncategorized on 07/19/2006 12:31 am by admin
Canadian Dollar
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US $19.95
The Strong Canadian Dollar Goes a Mile in Mexico Today
Upon retiring from Houston, Texas more than ten years ago, we were very fortunate to have chosen Puerto Vallarta, Mexico as our retirement destination. Fortunate, because during the past decade, more specifically during the past seven years while the PAN Party has governed Mexico, the Vallarta area economy has virtually exploded with growth resulting in a doubling in population and a tripling in real estate values, thus attracting all of the modern day conveniences that you would expect to find in any other US or Canadian resort destination.
In Vallarta, located on the same latitude as Hawaii, we have some of the finest weather on the planet for seven to eight months per year. The "high season" of November through May provides about 220 rain free days having an average daily temperature of 73°F. It is absolutely ideal weather for doing whatever pleases you; and you can rest assured, everything that might be of interest to you is available in Vallarta!
Because the summer months in Vallarta are similar to those in Houston, i.e., hot, humid, and rainy, most of us retirees head north for the summer. We have spent the past three summers in the Lake Tahoe area; however, the summers of 2001, 2002, and 2004 were enjoyed in beautiful Victoria, B.C., Canada. During those years, the Canadian dollar was at an all time low. In 2004, the Canadian dollar was equivalent to about .66 US dollar or about 66 cents, US currency.
At that time, there were a number of beautiful condos on the Inner Harbor of Victoria that were termed, "leakers". Rain and moisture were somehow able penetrate the walls, probably around windows, and then migrate down between the inner and outer walls, causing substantial damage to the buildings. Each of the condo owners were assessed an average of $80,000 for the repair work and the buildings were draped in tarpaulins for months while the restoration work was done. Consequently, many of the frustrated and dollar poor residents were anxious to unload these troubled properties.
There we were, with strong US dollars in our pockets and eager sellers all around, and like fools, we did nothing! Of course, since then the buildings have been fully restored to better than new condition, and being in an absolutely prime location, they have tripled or quadrupled in value. During this time period of price appreciation, the Canadian dollar has increased in value by 50%, relative to the US dollar (and the Mexican peso, which has held steady with the US dollar). Therefore, for those of us holding US dollars, those "leaking" condos in Victoria have become almost cost prohibitive.
That being said, there are now many fortunate Canadians holding valuable real estate in Canada and strong Canadian dollars. It´s therefore time for those rich Canadians to start shopping for their winter retirement destinations! What better place to shop than in Puerto Vallarta, Mexico, where three or four years ago the Canadian dollar would buy 7 pesos, whereas today, it´ll buy close to 11 pesos?
Of the nearly 50,000 North Americans in Vallarta, we estimate that 30-40% of them are Canadians. This percentage will surely increase as the Canadian dollar strengthens and the US real estate prices and the US dollar weaken. Just imagine, summers in Canada and winters in Vallarta; retirement just doesn´t get much better than that! The head of the Puerto Vallarta Chamber of Commerce has recently estimated that the greater Vallarta population will reach 600,000 residents by 2015, and therefore, if it were located in Canada, would rank among the top ten largest Canadian cities! By 2015, there will probably be about 100,000 North Americans in Vallarta, half being Canadians. Just imagine, more Canadians living in Puerto Vallarta, Mexico than in Brandon, Manitoba or Prince Albert, Saskatchewan!
There are over 100 condo complexes currently under various stages of construction in the greater Vallarta area with more than 7,000 units recently placed on the market. During the next decade, Fonatur, the Mexican tourism agency, has forecasted at least 20,000 additional units to be built along the Riviera Nayarit, 40 minutes north of the Puerto Vallarta airport. This doesn´t even include the incredible expansion plans for the land south of Vallarta which is slowly but surely being converted to privatized land, available to foreigners. There is certainly no housing slump along the Mexican Riviera, no real estate recession in the foreseeable future, and an infrastructure that´s improving daily.
In summarizing, now, is the perfect time for all of you loonie laden Canadians to head south this winter and check out the wonderful opportunities that await you in sunny Puerto Vallarta. You'll be amazed to learn how easily you can afford to live in luxury while enjoying your favorite pastime activities with fellow retirees in Paradise.
About the Author
Jim Scherrer has owned property in Puerto Vallarta, Mexico for 24 years and resided there for the past ten years. The mission of his series of 24 articles pertaining to retirement in Puerto Vallarta is to reveal the recent changes that have occurred in Vallarta while dispelling the misconceptions about living conditions in Mexico. For the full series of articles regarding travel to and retirement in Vallarta as well as pertinent Puerto Vallarta links, please visit us at Puerto Vallarta Real Estate Buyers‘ Agents and click on ARTICLES.
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Canadian 1 Dollar Coin $92.4 The Canadian 1 dollar coin is a goldcoloured, bronzeplated, onedollar coin introduced in 1987. It bears images of a common loon, a wellknown Canadian bird, on the reverse, and of Queen Elizabeth II on the obverse. The design for the coin was meant to be a voyageur theme, similar to the countrys previous one dollar/silver dollar coin, but the master dies were lost by the courier service while in transit to the Royal Canadian Mint in Winnipeg. In order to avoid possible counterfeiting, a different design was used. The coin has become the symbol of its currency. Newspapers often discuss the rate at which the loonie is trading against the United States greenback. The nickname loonie became so widely recognized that on March 15, 2006 the Royal Canadian Mint secured the rights to the name Loonie. The coinan 11sided curve of constant widthis made of Aureate, a bronzeelectroplated nickel combination. In order to maintain a constant width of 26.5 mm the sides of the coin are not exactly straight, but curved in the same manner as the 7sided British twenty pence and fifty pence coins. The total composition of the coin is 91.5 nickel and 8.5 bronze. Author: Miller, Frederic P./ Vandome, Agnes F./ McBrewster, John Binding Type: Paperback Number of Pages: 144 Publication Date: 2010/07/25 Language: English Dimensions: 5.98 x 9.01 x 0.33 inches |
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The Canadian Dollar Crisis $58.45 No Synopsis Available |
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Canadian Dollar Chaos : A 10 Year History of the Canadian Dollar $24.33 No Synopsis Available |
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Biography of the Dollar $11.99 Will the sun set on the greatest currency in the history of the world? For decades the dollar has been the undisputed champ. It’s not only the currency of America but much of the world as well, the fuel of global prosperity. As the superengine of the world’s only superpower, it’s accepted everywhere. When an Asian company trades with South America, those transactions are done in dollars, the currency of international business. But for how much longer? Economists fear America is digging a hole with an economy based on massive borrowing and huge deficits that cloud the dollar’s future. Will the buck be eclipsed by the euro or even China’s renminbi? Should Americans worry when the value of the mighty U.S. dollar sinks to par with the Canadian “loonie”? Craig Karmin’s in-depth “biography” of the dollar explores these issues. It also examines the green-back’s history, allure, and unique role as a catalyst for globalization, and how the American buck became so almighty that $ became perhaps the most powerful symbol on earth. Biography of the Dollar explores every aspect of its subject: the power of the Federal Reserve, the inner sanctums of foreign central banks that stockpile the currency, and the little-known circles of foreign exchange traders that determine a currency’s worth. It traces the dollar’s ascendancy, including one incredibly important duck-hunting trip and the world-changing Bretton Woods Conference. With its watermark, color-shifting inks, and a presidential portrait that glows under ultraviolet light, the dollar has obsessed foreign governments, some of which have tried to counterfeit it. Even Saddam Hussein, who insisted on being paid in euros for oil, had $750,000 in hundred-dollar bills when captured. Yet if a worldwide currency has enabled a global economy to flourish, it’s also allowed the United States to owe unbelievable, shocking amounts of money—paying hundreds of millions of dollars every single day just in interest on foreign debt; that’s raised concerns that the dollar standard may not be sustainable. Any threat to the dollar’s privileged status would do much more than hurt American pride. It would mean U.S. companies and citizens would not be able to borrow at the low rates they have become accustomed to. The dollar’s demise would impact the rest of the world, too, boosting the costs of trade and investment if no other currency was able to play the same crucial role. Ultimately the dollar system may weaken, but it should endure—a while longer, at least; it’s in few people’s interest to see it fail, and there is still no credible alternative. Biography of the Dollar is must reading for anyone who wants to understand what truly makes the world go ’round—and whether it will continue to spin the way we want it to. From the Hardcover edition. |
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Voyageur Dollar $92.4 High Quality Content by WIKIPEDIA articles The Voyageur Dollar was a coin of Canada struck for circulation in silver from 1935 to 1966, and as a commemorative in 2003. A nickel version was struck from 1968 to 1987. In 1987, the coin was replaced by the loonie. The coin remains legal tender.In 1911, after lengthy debate, the first Canadian silver dollar was struck. Two remain, one in a museum, the other in private hands and recently auctioned for 1.4 million.In 1935, a commemorative silver dollar was struck for the King George Vs Silver Jubilee. It showed the King on the obverse and a canoe containing a voyageur, or unlicensed fur trader (and a native man), on the reverse. The canoe also contains two bundles of furson one, the initials HB, for Hudsons Bay Company may be seen. The reverse was designed by Emanuel Hahn. Author: Surhone, Lambert M./ Tennoe, Mariam T./ Henssonow, Susan F. Binding Type: Paperback Number of Pages: 144 Publication Date: 2010/11/30 Language: English Dimensions: 6.00 x 9.02 x 0.34 inches |
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The Little Book of the Shrinking Dollar $22.95 With the weakening dollar a hot topic for retirees, savers, and investors, this Little Book delves into the economic turmoil in the U.S. and shows how to survive it The United States dollar is losing value at an alarming rate. According to the Organisation for Economic Co-operation and Development (OECD) index, the U.S. currency is 37 percent below fair value against the Australian dollar and 20 percent versus the Canadian dollar. The decline of the U.S. dollar is one of the biggest threats facing American investors today, but with the Little Book of the Shrinking Dollar: What You Can do to Protect Your Money Now in hand, you have the knowledge and the expertise you need to fight back. Written by New York Times bestselling author Addison Wiggin, a leading economic forecaster, the book explores the reasons for the dollar's decline, and its precarious relationship to other currencies around the world. Filled with invaluable strategies for retirees, savers, and investors who want to keep their money safe no matter what lies ahead, the book is your one-stop guide to weathering the storm. Covers strategies for safeguarding your wealth, including safer havens for money, alternative investments, and other opportunities Written by Addison Wiggin, a three-time New York Times bestselling author and leading economic forecaster Wiggin's predictions about the decline of the dollar have proven true time and again, making him the right man for the job when it comes to predicting what lies ahead The U.S. dollar is no longer the secure and stable currency that most Americans grew up believing in. Even after recent gains, the dollar remains weak. But with the Little Book of the Shrinking Dollar you have a concise guide to what's driving its demise and everything you need to protect your money today and in the years to come. |
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Dollar $6 Dollar - Steve Hofstetter |
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Fluctuating Dollar (Hardcover) $32.12 America`s currency is 37 percent below fair value against the Australian dollar and 20 percent versus the Canadian dollar, according to the OECD index. The dollar has mainly weakened since Fed Chairman Ben S. Bernanke signaled last year at an annual conference sponsored by the Federal Reserve Bank of Kansas City that the central bank may boost the economy by printing money and buying bonds. It purchased $600 billion of Treasuries between November and June, contributing to a 6.25 percent drop in the U.S. currency as measured by Bloomberg Correlation-Weighted Indexes. At an annual forum in Jackson Hole, Wyoming, on Aug. 26 that the central bank still has tools to stimulate the economy without providing details or signaling when or whether policy makers might deploy them. This book will focus on the reasons for the dollar`s decline in relation to what is happening with currencies around the world. It will also offer strategies for investors and individuals who want to protect their money. These strategies will include mention of safer havens for money, alternative investments and other opportunities. |
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The Canadian Snowbird Guide $26.95 Each year, more than a million Canadians, affectionately dubbed "Snowbirds," migrate to southern climes to enjoy warm weather and sandy beaches. The strong Canadian dollar is making the trip more affordable and attractive than ever. But post-9/11, Canadians face tighter security, higher health costs, and higher fuel costs when traveling to the US. Canadians must budget accordingly. Especially for first-timers, how can they properly plan their trip to ensure a worry-free time away from home? Among the topics this book includes are: the Snowbird lifestyle; financial planning; what documents you need to enter the US; what types of insurance and coverage are recommended; ensuring you have an up-to-date will; how US tax law applies to Canadians if money is earned or property sold; snowbirding in Mexico and Costa Rica; plus FAQs, checklists, and sources of further information. |
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$100 Dollar $49.99 $100 Dollar |
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Dollar Medallion $6.99 Dollar Medallion |
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Dollar Bills $10 Dollar Bills |
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Fall Dollar $10 Fall Dollar |
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Holy Dollar $10 Holy Dollar |
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Dollar Bling $10 Dollar Bling |
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Dollar Diamonds $10 Dollar Diamonds |
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Dollar Lights $10 Dollar Lights |
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Dollar Bundle $10 Dollar Bundle |
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Dollar Horizon $10 Dollar Horizon |
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Love The Dollar $10 Love The Dollar |
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Matrix Dollar $10 Matrix Dollar |
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Dollar Billz $10 Dollar Billz |