Did you know the price of your dinner tonight might be tied to decisions made in the US? Doug and Ted explain the surprising impact of the Canadian dollar on your everyday spending. They'll break down how this affects your wallet, from filling up your gas tank to putting food on the table. Discover the surprising upsides and downsides of our tightly linked economy, and as always, arm yourself with practical tips to manage your debt and build lasting financial security.
Tune in to understand the forces shaping your everyday spending!
(0:00) – What’s happening with the Canadian dollar right now?
(3:30) – What makes the Canadian dollar rise and fall?
(5:00) – How interest rates affect the Canadian dollar
(7:45) – The “reserve” currency and maintaining buying power
(8:50) – How currency changes impact the average Canadian
(12:00) – How US food and gas prices affect Canadians
(14:00) – The pros and cons of connected economies
(20:00) – Why are so many things priced in US dollars?
(25:00) – The benefits of shopping Canadian
(27:30) – Strengthen your finances by managing debt
(29:00) – Practical tips to protect your money
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How to Eliminate Debt in Ontario .css-j9qmi7{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;font-weight:700;margin-bottom:1rem;margin-top:2.8rem;width:100%;-webkit-box-pack:start;-ms-flex-pack:start;-webkit-justify-content:start;justify-content:start;padding-left:5rem;}@media only screen and (max-width: 599px){.css-j9qmi7{padding-left:0;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;}}.css-j9qmi7 svg{fill:#27292D;}.css-j9qmi7 .eagfbvw0{-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;color:#27292D;}
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