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Converting US to Canadian Dollars
Old 08-13-2017, 04:45 PM   #1
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Converting US to Canadian Dollars

I'm thinking of buying a used camping trailer in Canada in the $15,000 - $20,000 range. What would be the least expensive way to exchange US for Canadian currency?
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Old 08-13-2017, 04:52 PM   #2
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If you have an investment account, you can do Norberts Gambit in which you sell/buy a dual-listed stock on the NYSE and the TSX all for the trading fee.
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Old 08-13-2017, 04:59 PM   #3
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buy Canadian $ on forex trading and take delivery of the curancy
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Old 08-13-2017, 05:01 PM   #4
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If you have an investment account, you can do Norberts Gambit in which you sell/buy a dual-listed stock on the NYSE and the TSX all for the trading fee.
Very interesting. I wonder if this is something Fidelity would help me with.
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Old 08-13-2017, 05:10 PM   #5
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Very interesting. I wonder if this is something Fidelity would help me with.
Since you have fido account, you might explore having them provide the funds you are looking for in a Canadian $ cashier check. Another option is to use a wire transfer--no fee to you if you are Private Client. You should get a very low currency fee but need to confirm since I have not done this exact transaction but they do give you a great rate when you use their debit card.
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Old 08-13-2017, 05:18 PM   #6
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I have in the past bought yen in the past when DS was studying in Japan. I just wired it to his bank. I did this at fidelity. My PC team helped.
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