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Expat Community > Colombia

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Canadian dollar sinking like a stone

2 months ago
Fellow Canucks, how are you doing? We've lost a significant amount of money in the last week as the CAD sinks against the COP. The reason is Trump's protection racket, er threat of tariffs. (Good old 'free market' Republicans, LOL.)

If you receive Canadian income like a pension, you've lost some purchasing power. We are debating moving our Canadian savings to USD or EUR - maybe even COP.

Thoughts? What will you do? Hope for the best?

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