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Old 04-02-2016, 09:34 AM   #31
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One of those many surprising things about your southern neighbors, eh? Heck, when we were heading off on our latest Viking River cruise I couldn't even find a local bank that had any Euros so we could have some for when we landed. Once coming home from Ontario I still had some CAD left and once we were more than about 50 miles from the border banks didn't want to exchange them for USD for me.
Come back and spend that money here then. We are a friendly bunch.
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Old 04-02-2016, 09:38 AM   #32
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Come back and spend that money here then. We are a friendly bunch.
I still have it, it just seems to be worth a lot less than when I bought it. Interestingly, with all this talk about locking in the low CAD values, it remember that when we bought our 17 that the CAD was worth more than the USD....
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Old 04-02-2016, 09:38 AM   #33
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We are planning our annual fishing trip to Canada . I went to our local bank and they will exchange US dollars for Canadian dollars at that days exchange rate plus a flat fee. BUT I was warned to not purchase anymore Canadian dollars than I absolutely needed because they would not exchange Canadian dollars for US dollars.
They would not explain why but only said that was their policy.
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Old 04-02-2016, 09:45 AM   #34
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Rather than going to a Canadian bank like BMO, could you not open a Canadian dollar account at your US bank? It kinda sounds like not, I just find that very surprising.
I tried my credit union and some orther banks first and got nothing but blank stares. At least at BMO they understood what I was trying to do they just couldn't help me.
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Old 04-02-2016, 09:47 AM   #35
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I tried my credit union and some orther banks first and got nothing but blank stares. At least at BMO they understood what I was trying to do they just couldn't help me.
Kinda gives you the feeling that we expect the whole world to take dollars. Just like the rest of the world understands English if you just speak it very loudly.
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Old 04-02-2016, 09:52 AM   #36
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I also was told that ETI will not accept payment before the trailer is completed going forward.
Not sure if this is actually true because I asked the very same question yesterday and they said I CAN do it by wiring money directly to them, but only after the order is completely processed next week. Maybe they changed their minds on that one or either I or you spoke to the wrong person?
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Old 04-02-2016, 10:36 AM   #37
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I still have it, it just seems to be worth a lot less than when I bought it. Interestingly, with all this talk about locking in the low CAD values, it remember that when we bought our 17 that the CAD was worth more than the USD....
Good point!

The CAD$ in January hit the lowest it has been at in years..... BUT it has slowly started a comeback.

If it was me I would pay for the trailer now or at least buy myself some CAD dollars & put them in CAD$ account.
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Old 04-02-2016, 10:37 AM   #38
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Well, for me, to get the accurate information I intend to go to ETI as I have a trip planned already. Even if they do accept prepayment there still is the question wether it sound financially to do so. As I said, I will visit a bank in Canada to find out about opening an account. If you Google the process like I did, you will find that information is unclear and confusing.
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Old 04-02-2016, 10:43 AM   #39
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I just mentioned this on similar thread but since they are a Canadian bank I went to BMO and had no luck. They will open US dolar accounts in Canada but not Canadian dollar accounts in the US. They couldn't explain it, just company policy.
Have you tried HSBC?
They are an international bank which you may have more luck with them than a US only based bank or credit union. I held a US$ account with them here (in Canada) for a long time. Bit surprised BMO would not help you though.
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Old 04-02-2016, 11:00 AM   #40
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Good point!

The CAD$ in January hit the lowest it has been at in years..... BUT it has slowly started a comeback.
The CAD to USD exchange rate is closely tied to the price of oil - as oil goes down, so goes the loonie. I expect the price of oil to drop this year as supply is still higher than demand and Saudi / Iran are not cutting supply.
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