Britain Stirs the Pot as Brexit Deadline Approaches

Before the Brexit transition period ends, chief negotiators from the United Kingdom and European Union are working towards a trade deal that will finally end their five-year crisis. As markets stand-by for more information in the coming weeks, there has been a limited economic movement from GBP.

By Remitbee - Oct 23, 2020

Remitbee Expert: Language Instruction for Newcomers to Canada

English and French are both Canada’s official languages. Being able to speak at least one of them makes settling in Canada a much easier process. Luckily, the Canadian government works with not-for-profits to provide newcomers with free English classes for people of all English levels.

By Remitbee - Oct 23, 2020

CAD-USD-AUD Daily Overview: October 23

The Canadian dollar remains at a consistent exchange rate of 0.76 against the US dollar after the final presidential debate. 1 CAD is trading at a rate of 1.07 against AUD at the end of this week.

By Remitbee - Oct 23, 2020

Zoom Announces Support for Indian Rupee

Since the COVID-19 pandemic forced everyone into quarantine this March, businesses have shifted to online platforms, creating a new environment for virtual meetings across the globe. This month the video communications company Zoom began supporting the Indian Rupee, allowing the country’s users to purchase plans and add-ons with their local currency.

By Remitbee - Oct 22, 2020

How Canadian Newcomers Can Obtain a Mortgage

Immigration is pivotal to Canadian housing and since March there have been heavy declines in the market. Permanent residents and newly landed immigrants are all impacted by COVID-19, and the effects are now spilling over to the economic health of the housing market.

By Remitbee - Oct 22, 2020

Welcoming New Immigrants to Canada in 2020

The Canadian government reported that the country welcomed 11,315 new permanent residents in August 2020, which was lower than July where 13,645 immigrants were welcomed.

By Remitbee - Oct 21, 2020

Canadian dollar (CAD) to British Pound (GBP) to European EURO (EUR) Daily Overview: October 22nd

1 CAD is trading against GBP at 0.58 today, a long-term increase of sterling is expected as next month’s Brexit deal is still a possibility. At the highest currency rate in over six weeks, Bloomberg reported that “trade talks between the UK and European Union are on the verge of resuming” as negotiators are hoping to settle on a deal by mid-November.

By Remitbee - Oct 22, 2020

How to Get a Credit Card in Canada

Unless it is designed to be an international credit card, your credit card from your country of origin might come with hefty fees if you use it in Canada. That’s why you need to get a Canadian credit card or an international one that works in Canada without international fees.

By Remitbee - Oct 21, 2020

Sinhala and Tamil Languages Now Supported on Remitbee's Website

By adding different languages to our site, we hope to be able to reach and help a larger group of people in the world. We will be continuously adding new language options to make sending money abroad much easier for everyone.

By Remitbee - Oct 21, 2020

CAD to USD to INR Daily Overview: Oct 21st

1 CAD is still trading against USD at a rate of 0.76 as the week progresses, which has increased by 10% since March when the exchange rate was 0.69. The US dollar is losing ground against a broad basket of currencies during this presidential election.

By Remitbee - Oct 21, 2020

Assessing International Oil Markets

It’s been a tough few weeks for oil investors as stocks continue to see a hit globally. The Canadian oil market has seen continuous fluctuations as attention is being shifted towards the green economy in Q4.

By Remitbee - Oct 21, 2020

Canadian Dollar (CAD) to Philippines Peso (PHP) Daily Overview: October 20th

1 CAD is trading against the Philippine Peso at 36.83 this week and the rate is forecasted to decrease slightly going into next. The exchange rate is expected to drop from 36.83 to 34.98 with a YTD return of -5.12% despite the fact that PHP has been stagnating over the last year.

By Remitbee - Oct 20, 2020

Rules for Employment Under Canadian Student Visas

Many young people come to Canada for post-secondary education on a student visa. Naturally, it is common for students to want to work so that they have a little spending money. In this post, we will cover the rules and restrictions for employment under a Canadian student visa. We will take a close look at rules for working both on and off-campus and what students should do if they want to find employment in Canada after they graduate.

By Remitbee - Oct 25, 2020

Canada Extends U.S Border Restrictions Until November 2020

With COVID numbers on the rise, Canada and the US will continue to maintain border restrictions until the end of November with hopes that the curve is flattened again.

By Remitbee - Oct 20, 2020

Canadian Dollar - Indian Rupee - US Dollar, Daily Overview: October 19th

The Canadian dollar’s exchange rate is 55.65 against INR with a long-term increase expected as the month ends. CAD sits at 0.76 against USD, starting this week off with a hopeful and stable forecast for the Canadian dollar.

By Remitbee - Oct 19, 2020