#Currency Exchange Vancouver

[literary-illuminati]

Book Review 39 – Lying for Money: How Legendary Frauds Reveal the Workings of the World

This is one of those books I’d heard mentioned in a dozen different places before I finally decided to read it. I think it was the review in Thing of Things that finally pushed me over the edge and convinced me to read it myself? Very happy I did, even if I had a severe case of deja vu reading a few particular passages (and even if it does suffer from a few of the usual pop nonfiction issues at times).

The title gets across the substance of the book clearly enough; this is, to paraphrase the author, a work of counter-economics. That is, an attempt to illuminate the workings of an advanced capitalist economy by showcasing the sorts of crimes that take advantage of its complexity and parsitize it. It’s nowhere near as dry or academic as all that, of course (Davies keeps up a chatty, conversational sort of tone throughout, and takes every chance to dunk on academic economics as a discipline that presents itself); most of the meat of the book is case studies and anecdotes of particularly famous or illuminating frauds, which are all great reading. Honestly reading about con artists is so fun I should really feel guiltier about how hypocritical my disdain for more traditional true crime is.

The books, if not central thesis, then definitely on of the main things it keeps coming back to, is that the optimal level of fraud in an economy is higher than zero. Fraud is fundamentally an abuse of trust, after all, and if no one’s trust is getting abused, then that probably means that an unjustifiable amount of resources are being spent checking up on every possible thing, and a great deal of productive work isn’t getting done because people are too paranoid to work with each other.

The term Davies uses is the Canadian Paradox. Which is the fact (anecdote, popular wisdom, whatever) that Canada, with its mostly trustworthy institutions and rule of law and developed financial system, has vastly more fraud than, say, Greek shipping (I don’t know why specifically Greek and specifically shipping. Specifically Canada because in the ‘90s the Vancouver Stock Exchange was apparently the most full of scams and fakes in the world). The reason for this being that Canadian investors more or less assume that anyone with a stock listing is probably on the level, because they’re usually right; Greek shipowners, by contrast, absolutely expect to get screwed over if they leave themselves vulnerable, and so do business exclusively with people who they have strong relationships and embedded social ties with. The overwhelmingly intended takeaway being that the Canadian equilibrium is the one to aspire to.

The book’s organized around Davies’ own taxonomy of fraud – he divides the broader category into four distinct (if overlapping) types based on the trust they abuse and so (in a broad sense) are crimes against. Those types being: 1) the Long Firm (neither of the words mean what you think they do here), which is just lying and defrauding someone, buying on credit, reselling and skipping town before the first bill comes due, etc 2) Counterfeiting, of currency yes, but also legal documentation, audited account books, hell even mining samples, providing forged documentation that people trust so they accept your lies 3) Control Frauds, when employees or trustees take advantage of their control over assets to juice the books and manipulate returns in ways that maximize ‘legitimate’ profits for themselves (distinct from embezzlement, which is just taking advantage of control over assets to, well, take them) and 4) Market Crimes, which intuitively might not seem like crimes at all, at least in a moral sense, but are regulated or criminalized or made taboo because people engaging in them damages the wider structure society or the market or capitalism or whatever relies upon.

The types of fraud, you’ll notice, get steadily more abstract and conceptual as you go on – the only thing that distinguishes most control fraud from managerial incompetence and over-optimism is a paper trail showing they knew what they were doing. The only thing that distinguishes a market crime form just, being good at business, is the opinion of whatever jurisdiction your in’s regulatory authorities. One gets the sense that these sorts of tricky conceptual crimes interest Davies more than more straightforward sorts of fraud, and his discussions of them certainly get more philosophical than the mostly technical descriptions of long firms and counterfeiting.

Of course, you don’t really read a book like this for the theorizing – I mean, I didn’t, anyway – but for the interesting and absurd case studies of historical frauds. Of which the book delivers in spades; everything from the ‘salad oil king’ of New Jersey with with his vats of water with a layer of oil floating on top, to Ponzi and his original scheme, to the counterfeiter who destabilized the Portuguese economy sufficiently to pave the way for a reactionary military coup, to the first actually comprehensible explanation of the whole Savings&Loans crisis in ‘80s America that I’ve ever read to, of course, the 2008 Mortgage Crisis.

One trait of historical frauds that gets more salient the more of them you read is that, because many of them involve taking advantage of some since-patched loophole in law or regulation, in retrospect it seems positively absurd that they could ever have worked. The book cautions against this point of view – given how bewilderingly complex the modern economy is, there are doubtless more absurd loopholes and abuses of what people will take on trust now than there have ever been. People just haven't written books about them yet.

Anyways, speaking of 2008 - the financial crisis was a generation-defining event for the people who got fucked over by it, but it clearly did a number on the paradigms of guys like Davies too. It gets a chapter to itself as an ‘innocent’ control fraud. That is, an institutional setup and incentive set that inevitably causes massive amounts of crime even though the people at the top actually profiting from it all are, technically speaking, innocent (and most of the low-level employees doing the crimes are mostly just trying to meet aggressive sales targets and keep their jobs. Which, hardly justifies a lot of the conduct, but they weren't profiting from the enterprise like the managers and executives.) The term Davies uses is ‘crimogenic’ – as in, an environment that incentivizes and will almost inevitably lead to the commission of crimes.

A note on the author – Davies was a regulator and then a market analyst in the UK for much of the early 21st century, and whatever the specifics is clearly someone with an insider’s view of financial markets and investment banking. Not really an apologist – or I mean, he is, to the extent that he clearly considers them useful institutions that do more good than harm for the world at large, and considers the present regulatory setup governing the markets if not just, then at least pragmatically useful. But about the culture and foibles of the financial services industry itself he’s pretty cynical. In any event, as the book goes on he starts peppering in personal anecdotes about how he was personally involved with some event on the periphery of the frauds he’s discussing or saw them happen live, which I mostly found charming but I can see how it would grate.

In any event, it’s a very chatty, casually written book, by a centre-left pro-regulation but incredibly finance-brained guy. So, you know, caveat lector if you’re going to find that totally insufferable. For myself I found it a fun, casual read, and a more educational one that I really expected.

[crypto195]

Top Cryptocurrency Startups in Canada

Discover Innovative Cryptocurrency Startups in Canada Learn about the top cryptocurrency firms in Canada that are thriving in industries like gaming, lending, trading, DeFi, and blockchain infrastructure. These forward-thinking businesses are influencing the direction of technology and digital finance by providing cutting-edge solutions that spur expansion and change the crypto scene in Canada and abroad. Leading Crypto Startups in Canada The blockchain business in Canada is growing, and its future is being shaped by creative startups. These enterprises provide businesses and consumers with innovative services. Launched in 2018, Ledn specializes in neglected markets such as Latin America and offers specialized loan and borrowing products in the crypto finance space. Another 2018 startup, VirgoCX, provides a safe and easy-to-use cryptocurrency trading platform that emphasizes security and openness. Asteroid 1 provides CAD-based trading and teaches Canadians about digital currencies, while Index Coop streamlines decentralized finance through controlled cryptocurrency indices. TrustSwap creates safe DeFi apps for investors of all stripes, including institutional clients. These firms demonstrate their broad reach by driving blockchain innovation and impacting industries like gaming. Innovative Blockchain Solutions for the Gaming Industry Thanks to cutting-edge blockchain solutions, the Canadian gaming industry is undergoing a major transformation. From traditional RPGs to the growing sector of online casinos in Canada, companies like Horizon Blockchain Games Inc. are leading the way by creating user-focused environments where players can control their digital assets and participate in transparent economies. This tactic gives players a true sense of ownership over their virtual in-game possessions in addition to improving their gaming experiences. Another well-known company based in Vancouver, Dapper Labs, is skilled at creating immersive blockchain-powered experiences that combine gameplay with real-world interactions. By utilizing state-of-the-art blockchain technology, Dapper Labs creates novel revenue streams and vibrant gaming communities. By establishing ground-breaking game markets based on real asset control through seamlessly integrated secondary marketplaces for player-to-player exchange of digital property, Mythical Games is also breaking new ground in the industry.

To Know More- top cryptocurrency startups in Canada

[goldstockcanada0]

Why Vancouver Bullion is Your Best Bet for Gold Investment

Why Vancouver Bullion is Your Best Bet for Gold Investment

Investing in gold has always been a safe haven for investors looking to diversify their portfolios and protect their wealth. With fluctuating market conditions and economic uncertainties, the demand for gold remains high. If you're in Canada and seeking a reliable source for gold investment, look no further than Vancouver Bullion, a premier destination for purchasing gold. This article will delve into why Vancouver Bullion is an excellent choice for your gold investment needs.

A Trusted Name in the Industry

Vancouver Bullion & Currency Exchange (VBCE) has established itself as a trusted name in the gold and precious metals market. With decades of experience, VBCE offers a wide range of products and services tailored to meet the needs of both new and seasoned investors. Their reputation for reliability, transparency, and exceptional customer service sets them apart in the competitive bullion market. vancouver bullion

Wide Range of Gold Products

Vancouver Bullion provides an extensive selection of gold products, including gold bars, coins, and rounds from some of the most reputable mints around the world. Whether you're looking for Canadian Maple Leaf coins, American Gold Eagles, or gold bars from recognized refiners, VBCE has you covered. Their diverse product range ensures that you can find the right gold investment that suits your budget and investment goals.

Competitive Pricing and Fair Value

One of the key factors when investing in gold is ensuring you get the best value for your money. Vancouver Bullion is committed to offering competitive pricing on all their gold products. They provide real-time market rates and transparent pricing, allowing investors to make informed decisions. VBCE's commitment to fair pricing ensures that you get the best possible return on your investment.

Secure and Convenient Transactions

Security is paramount when dealing with precious metals. Vancouver Bullion offers a secure and convenient way to purchase gold. They provide a range of payment options, including wire transfers, bank drafts, and cash, ensuring a smooth transaction process. VBCE also offers secure storage solutions for your precious metals, giving you peace of mind knowing your investment is safe.

Expert Advice and Support

Navigating the gold investment market can be daunting, especially for beginners. Vancouver Bullion's team of experts is always available to provide advice and support. Whether you need help selecting the right product, understanding market trends, or planning your investment strategy, VBCE's knowledgeable staff is there to assist you every step of the way.

Convenient Location and Online Presence

Located in the heart of Vancouver, VBCE is easily accessible for those in the area. For those outside Vancouver or preferring the convenience of online shopping, VBCE's comprehensive website allows you to browse their extensive product range, check real-time prices, and make purchases from the comfort of your home. Their user-friendly website ensures a seamless online shopping experience.

Conclusion

Investing in gold is a prudent way to secure your financial future, and choosing the right bullion dealer is crucial to maximizing your investment. Vancouver Bullion stands out as a premier choice for gold investors in Canada, offering a wide range of high-quality products, competitive pricing, secure transactions, and expert support. Visit Gold Stock Canada to explore their offerings and start your gold investment journey today. With Vancouver Bullion, you can invest with confidence, knowing you are partnering with a trusted leader in the precious metals market.

vancouver bullion

[missguomeiyun]

I AM BACK!

Hey everyone!!!

I remember saying I'll be posting a Sept-Oct homecooking post but look, it is Nov 29th already! So instead, I'm working on a Sept-Oct-Nov post :P

So . . .

I was back from Korea on the 3rd week of October. I had a blast there, as usual. I can say everything went smoothly - with minor hiccups regarding the flights. I don't know when I'll share those or IF I will share those. .. maybe here? I don't know! Anyway, it was so much fun!! I didn't want to come back but by the end of the 3 weeks, I was getting kind of tired towards the end bcos I had 12-13 hr days, all day, every day lol out around 8am & back to hotel about 8-9pm, with no rest in between besides coffee time, basically. It was go go go everyday! I didn't get sick so that was awesome. I purchased another umbrella -.-" every time I go to Korea, there's like 1 day (or 1.5 ish) where it rains & I'm like. .. should I buy an umbrella or not? I end up buying one every time! Currency exchange rate was good; even with credit card service fee, so I feel like I went at the right time. Umm. .. what else? Oh, I checked off a bucket list item haha actually a few. My fav place remains to be Busan! Weather was soooo hot & humid in the beginning of my trip but cooled down the last day >.< lame! As a result, about 1 week into my trip, my skin turned terrible. I visited a pharmacy on Jeju Island bcos the mosquito situation was bad- had to get kids mosquito 'lotion'. It's basically a cooling liquid that you rub onto your mosquito bites & it has a mint-y effect to relieve itchiness. I really like the smell & it worked really well, so I was gonna buy another one to bring back but forgot!

The main concern for me was. .. things were not as cheap as they used to be. By "things", I really mean the food & coffee. In particular the street food - omg! It's rare to find items that are <4000KRW (~$4USD). Coffee was also very pricey! I mean, they were already pricey but numbers are higher now :O It hurt but it was great! haha

So yeah. .. I'll be getting on that 3-month summary post so I will end the post here =]

This is what I made earlier this week at home~ I'm putting my milk frother & milk pitcher to use. I have had the frother for a while now but haven't used it. .. until I got a pitcher during Black Friday. Anyway, will elaborate on what this is in a later post~

Good night, all~

Actually, changed my mind. .. I will keep writing bcos I kind of miss this =D

PS: about the flight hiccups. ..

My flight itinerary was Edmonton to Vancouver to Incheon, you know, the standard route. Having roughly 4 hrs left on the long flight from Vancouver to Incheon (hovering above Japan), there was a medical emergency on the flight; specifically, cardiac arrest. I was like. . . "this kind of thing happens in movies!" I didn't think I would witness CPR on a flight & potentially experience an emergency landing (if the situation didn't improve). Thankfully, everyone was okay & flight landed in Incheon. EMS had to assess & deal with the patient first before anyone on the flight can move, which ultimately ended up delaying the whole 'arrival to hotel' schedule. (Ended up staying in for the 1st night bcos it was also Chuseok/Korean Thanksgiving so most places were closed really early besides convenience stores)

Coming back.. . again, the same long flight from Incheon to Vancouver. .. it was such a bad experience =( this may be controversial or viewed negatively but I'm sharing anyway bcos. .. This is my space! lol I was window seat, there was a middle person, & another person in aisle seat. 3 strangers. The middle person, unfortunately, was a bigger lady & her arms were in her 2 neighbours' space for the entirety of the flight. The only way/time when it wasn't was when she was physically not in her seat or when she was pressing stuff on her screen (so her arm was straight out). But in 'resting position', her arm was like above mine OVER MY SIDE OF THE ARM REST. It was very uncomfortable- for everyone, I'm sure. The Air Canada economy seat was clearly not a suitable seat for this lady. There wasn't anything I could do - I hated meal times the most bcos I felt so cramped. This, of course, can't be the only example; I am not sure what ppl do or what they think.. . maybe choosing an aisle seat would be better so you only have 1 neighbour if you're not gonna get non-economy seat. OR I dunno. .. can you buy 2 seats? But that's more than 1 business class probably? *shrugs* I felt it was a little inconsiderate but what can you do? Pls share your thoughts on this matter. I've never encountered this before.

Okay, I'm going for real now~ BYE!

[ts1989fanatic]

Canadian music lovers may be feeling disregarded when it comes to big acts touring the country post-pandemic.

Beyoncé, for example, kicked off her Renaissance World Tour in Toronto on Sunday. Fans of the veteran pop artist might notice the discrepancy when it comes to ticket prices in Canada vs. the U.S., as well as tour stops. On Ticketmaster, Beyoncé tickets for her Vancouver show, the only other Canadian show on the tour, on September 11 range from $181 to almost $2000 for VIP tickets. Meanwhile, tickets to her Seattle show a few days later range from $91 - $1400 for VIP tickets.

But fans are happy that at least they’ll have a chance to see Beyoncé perform in two major Canadian cities on this tour. It’s a contrast to Taylor Swift, who recently made headlines after Prime Minister Justin Trudeau pleaded with the singer to touch down in Canada, after it wasn’t included in the recent announcement of her world tour. (Swift didn’t respond to the world leader’s attempt to persuade her.)

Experts say these unfortunate trends in musician’s touring schedules and pricing come down to a few factors that don’t benefit their bottom line.

Dalton Higgins, entertainment publicist and author, says high ticket pricing comes down to a dynamic pricing model. Similar to price surging on Uber, ticket prices will fluctuate based on supply and demand.

“The more demand there is for something, corporations are raising their prices accordingly,” he tells Yahoo News Canada. “Ticketmaster and all the monopolies do.”

The eye-popping prices for prime concert tickets are also part of the post-pandemic reality. Concert promoters and festival producers are trying to make up for the massive loss they took over the last couple of years, when the world felt like it came to a standstill.

When it comes to artists like Swift, who are bypassing Canadian tour dates, Higgins says a tour is about making money and sometimes these decisions are made based on the economics and logistics of touring Canada. In simple terms, Canada’s exchange rate and vast geography are big drawbacks.

“When the Taylor Swifts of the world are used to playing 60,000 seat venues, Canada doesn’t have many of those kinds of venues,” he says. “When you tour Canada, it’s already hard as it is. The transportation logistics of playing Canada doesn’t make sense. Promoters in Canada can’t compete with promoters in America or Europe for that matter, because we have a weaker currency.”

Daniel Tsai, a lecturer with the University of Toronto's Institute of Communication, Culture, Information and Technology (UTM) explains that artists and concert producers expect to receive the same money in terms of sales and profits as they would in the U.S.

"Because of the exchange rate, the cost of tickets in Canada can be a lot higher and therefore a turnoff for concert goers here and the aim is to fill as many seats as possible," he says.

Touring Canada also isn’t the same as touring America or Europe because artists can’t just jump from state to state, or country to country and perform for large audiences without having to endure a lot of commuting, along with moving equipment and crew around.

"It costs a small fortune,” says Higgins. “It’s a very different reality doing dates in Canada. Playing Canada is insane to max out your profitability. It’s very tough. But a lot of Canadians don’t know that. They just wonder why they’re not playing Edmonton or Winnipeg.”

World tours are also exhausting and a physical strain, as artists like Shawn Mendes and Justin Bieber can attest. Both recently cancelled world tours that were set to be underway in 2023.

Catherine Moore is an Adjunct Professor in the Music Technology & Digital Media Program at the University of Toronto. She says there’s anticipation from fans that Swift will continue touring in the future, which could mean good news for Canada down the line.

“Looking at longer terms, in the next two or three years…Taylor Swift will continue to tour and that could mean there will be Canadian dates,” she says. “But trying to speculate, absent from comments from the artist’s team or the record label, it’s hard to know why in this particular case Canada isn’t included.”

ts1989fanatic this swiftie would have no problem spending a little more on tickets for my wife and I to travel to Vancouver BC beats spending $3,000 to $4,000 going to Toronto

[canadiancellparts]

iPad Air Parts – Choose the Best Range Online

Depending on your requirement, you will get the best range of iPad Air parts – for all models and get delivery to your address without any delay. There are a number of recognized names in this domain offering you the best range of parts that are offered in fully secure way and with a complete guide. You can place your order from anywhere in Canada or USA. Free delivery is offered in Canada, if order exceeds $400 CAD; while you will get free delivery in USA, if order exceeds $800 CAD. A complete guide is provided to you that will be a plus point. Packing is done to keep the accessories and parts safe and protected. For all parts, they accept payment through various modes, but in $CAD. They don’t charge currency exchange fees; while they are operating from their offices in different parts of the country like offices in Vancouver and Toronto. They assure you Next-Day Shipping inconvenient way.

Here, you have to search for the right store that is convenient for you, go through the details and place your order. Among some of the top names in this domain from where you will get the best range of iPad Air Parts, you will find name of Canadian Cell Parts on top – offering you the best range of such parts and ensuring you will get delivery to your address.

Canadian Cell Parts Offers iPad Air Parts

The leading company has become the trusted store from where you can get the best range of mobile accessories at discounted rates and with the assurance of quality. They offer you premium quality products of the AAA quality standards – tested before shipping. From the leading supplier, you will get the best range of parts for all makes and models at rates that will be surprisingly lower and go well your budget. The leading supplier ensures next-day shipping as they offer you next-day shipping through Purolator which is their preferred shipping option.

They also ship next-day to you, if your order exceeds $400CAD. Canadian Cell Parts is a 100% Canadian built located and operated business.All parts are fully tested and delivered to your address in safe and secure way. Check all details and get the best range of such parts online. All details are provided to you that will be a plus point. You can check the details and get the best units of mobile accessories and parts with a complete guide for iPad Air Parts.

[bitstarexchange]

Bitstar company becomes the world's top exchange

Bitstar company becomes the world's top exchange

VANCOUVER, Jan. 20, 2023 /PRNewswire/ -- Bitstar Capital Group INC. has established itself as one of the top exchanges in the world.

The current encrypted digital asset management infrastructure is still very backward. Exchanges and wallets not only cannot provide encrypted digital asset value-added services, but there may also be various risks that lead to the loss of encrypted digital assets, not to mention the use of encrypted digital assets for settlement, payment, mortgage, etc. More financial functions.

Therefore, exploring more secure, stable and high-value cross-chain exchanges has become one of the core needs of the future industry. A fair, transparent, and extensive trading depth exchange plan has been put on the agenda to create an encrypted digital currency exchange platform based on blockchain 5.0 - Bitstar International Exchange, aiming to create a new one-stop trading ecosystem for global users.

Bitstar International Exchange is the industry's top encrypted digital currency investment service provider and decentralized trading service platform. Founded in 2020 and headquartered in Vancouver, it holds a Canadian Service Business (MSB) license. Committed to creating an autonomous, efficient and transparent digital asset trading platform, allowing traders and investors to conduct transactions of any size without worrying about the fairness and transparency of the platform, the reliability of data security and privacy protection. Or the integrity and privacy of traders. Its order management system, the core business includes market information, currency trading, contract futures, SGD ICO, option trading, liquidity mining, etc. In addition, the only bright spot of the platform is "ultra-short-term transactions", attracting international high-quality blockchain public chains, international financial institutions, international digital asset regulatory agencies, international outstanding scientific and technological talents, and international physical industry demanders to join community organizations and strengthen the Bitstar team. . The team not only has strong technical capabilities, but also has excellent scientific research capabilities, and has achieved outstanding research results in many fields such as distributed ledgers and cryptography.

Bitstar has a professional geek team to ensure the safety, stability and speed of transactions. Establish a solid security mechanism to ensure the safety, efficiency and stability of each asset transaction, ensure the credibility of each asset transaction, and ensure the security of user assets and information. In terms of transaction performance, the exchange needs to provide customers with high-performance matching services based on stable and reliable technical guarantees, shorten transaction time, achieve high availability, low latency, high reliability, and high concurrency, and improve users' transaction experience. Introduce new trading tools: quantitative trading, high-frequency trading, algorithmic trading, lightning trading, etc., and continue to meet user trading needs through technological innovation.

So far, BitStar Exchange has always been adhering to the purpose of serving customers and reassuring customers. A 24-hour manual customer service center has been specially set up. You can apply for USDT exchange online 24 hours a day, saying goodbye to long waiting times at merchants and removing offline transaction risks. The platform connects with three-party organizations, provides the platform with customers, and the platform with merchants, for quick matching and quick exchange.

BitStar is reconstructing digital asset ownership and inter-blockchain transaction methods for a multi-chain world, and adopting a brand-new transaction method to bring liquidity and capital efficiency to the blockchain economy. And it is committed to creating a low-risk and controllable transaction mode and a safe and stable transaction terminal service for cryptocurrency enthusiasts.

In more than two years of development, Bitstar has risen rapidly, with contract trading branches in more than 30 countries and regions around the world, and core offices in Asia, Australia, New Zealand and other places to provide encryption services to more people. For over 60 countries. Digital currency trading services and project investment incubation business, with more than 3 million individual users and more than 10,000 core institutional users, and are in a continuous growth trend.

Bitstar was born for the global exchange. The goal is to build one of the industry's top digital exchanges, lead the digital currency trading platform market, and become the industry benchmark. Let the world pay attention to us!

Bitstar Capital Group Co., Ltd.

Official Site: http://www.BitStarm.com

Company number: 1082578-6

Commercial number: 745083717RC0001

Member Association: Vancouver Crypto Assets Trading Association

Research Institution: Canadian Market Research Institute

Contact: Kelly Bridge (The person in charge can check on the official website)

Company: Bitstar Capital Group INC. (available on the official website)

Email: vcbitstar@bitstarn.com (company email address)

City: Vancouver, Canada

Address: 1275 W 6th Ave, Suite 300 Vancouver BC V6H 1A6 Canada

Source Bitstar Inc.

[latestblogpost]

What Are Some of the Features of Ripple?

Introduction Ripple is a cryptocurrency that uses distributed consensus to verify transactions and reduces transaction times. The technology allows for on-demand liquidity. The concept was first thought up by Ryan Fugger, a web developer from Vancouver. He wanted to make it easy for anyone to create their virtual currency, and he was able to do so in 2005. People can exchange their bitcoins for…

[shumailach-blog]

Moving to Canada From the UK: A Starter Guide

If you’re thinking of moving abroad, Canada is an excellent choice. The world’s second-largest country boasts beautiful scenery and breathtaking natural wonders, along with diverse and vibrant cities.

Brits feel particularly at home in Canada, thanks to an overlap in cultures and English being one of the country’s official languages. Canada is also known for being democratic, liberal and very welcoming to foreigners, which is why people from all over the world have chosen to settle there.

In this guide, we’ll help you plan your move to Canada by covering all the essentials you need to know. This includes visas and residency, money and bank accounts, jobs, places to live and much more. We’ll even look at options for UK retirees.

Plus, a handy tip for UK expats needing a cost-effective way to manage their money internationally - open a Wise multi-currency account. With this super-convenient account, you can cover relocation costs and receive UK income in Canada for tiny fees²³ and the real, mid-market exchange rate.

We’ll look at how Wise could work for you later in this guide. Let’s start with some basic facts about living in Canada as a UK expat.

Living in Canada - What You Need to Know

First up, some handy at-a-glance facts to know about Canada if you’re considering moving there:

Currency - Canadian Dollars or CAD

Main languages - English and French

Population - approx. 37.52 million¹

Number of British expats - approx. 531,000²

Most popular cities for expats - Toronto, Montréal and Vancouver³.

Cost of Living in Canada⁴

One of the most important things to know before moving to a new country is how far your money will go. Prices in Canada are broadly comparable to the UK, except for groceries which are around 20% more expensive.

To illustrate, here are some average prices:

A three-course meal for two people is around £44 in Canada, compared to £50 in the UK.

A monthly public transport pass is approx. £52 in Canada, compared to £65 in the UK.

A loaf of bread is £1.71 in Canada, compared to around £0.98 in the UK

Rent for a one-bedroom city centre apartment is around £775 in Canada, compared to £745 in the UK.

However, it depends where you live and of course, what you buy.

When it comes to purchasing property, you could find that Canada is the cheaper option - with the price per square metre for a city centre apartment being around 20% lower than the UK.

Healthcare System⁵

Citizens and permanent residents in Canada have access to the country’s excellent universal healthcare system through public health insurance. If eligible, you’ll need to register for a health insurance card and show it every time you access healthcare services.

But if you’re a newcomer and haven’t yet achieved permanent resident status, you’ll need to take out private health insurance in your province or region. However, you can still access emergency medical services for free.

Bank Accounts⁶

Newcomers and non-citizens can open a bank account in Canada. You don’t necessarily need a job or regular income, but you will need to meet the identity requirements and open your account in person. You can find more information on this here.

Many of the major banks even offer dedicated accounts just for newcomers, with low or no fees, or other special offers. For example, Royal Bank of Canada (RBC), TD Bank and Bank of Montreal (BMO).

Finding Somewhere to Live in Canada

The most popular destinations for newcomers to Canada are its big cities of Vancouver, Toronto and Montreal. But there are plenty of other options, and you could find it more affordable to head out of the city to places like New Brunswick or Newfoundland. The Quebec province and Ottawa in Ontario are also popular with expats.

To find a place to rent, consider taking a look at the listings on rentals.ca, Rent Canadaor a site or rentals agent specialising in the local area you’re looking at.

You don’t have to be a permanent resident or Canadian citizen to buy a property, nor do you need a visa⁷. A good place to start if you’re considering buying your own home in Canada.

Finding a job in Canada

Before you can find a job in Canada, you’ll need to apply for your Social Insurance Number (SIN). It’s a good idea to do this almost as soon as you arrive.

Once you have your SIN, it’s time to start job-hunting. The Canadian Government website has lots of tips to help you find a suitable role, but here are a few places to start your search:

Job Bank

Government of Canada federal jobs website

Indeed for Canada

Canada Jobs

You can also access newcomer services in your local province, including advice and resources to help you find a job.

Moving to Canada requirements - What do I Need?

The first and most important thing you’ll need to move to Canada is a visa. Let’s take a look at a few options that could suit your circumstances.

Working Holiday Visa⁸

If you’re aged between 18 and 30, you can apply to the International Experience Canada (IEC) programme. This lets you live and work in Canada for up to two years.

But you’ll need to meet certain requirements, such as having health insurance and enough money to support yourself during your stay. You’ll also need to be lucky, as your application will be entered into a pool of eligible candidates and successful applications are selected at random.

Start-up Visa Program⁹

If you have an innovative business idea which has the potential to create jobs for Canadian citizens, and you can get the backing of a qualifying Canadian organisation, the Start-up Visa Program could be the ideal option.

There are lots of requirements to meet, including having a qualifying business, letters of support and having enough money to settle in Canada. There’s also a fee of around $2,075 CAD to pay and the process can take up to 16 months.

But if your application is successful, you and your family will have the legal right to settle in Canada and get a brand new business off the ground.

Work Permit

Another route into Canada for UK residents is with a work permit. There are two kinds - an open work permit and an employer-specific work permit. In both cases, you’re likely to need a valid job offer in place.

Open work permits are only issued in specific circumstances.

How to Move to Canada From the UK Permanently

If none of the visa options above are suitable for you, the best option is to apply for permanent residency. There are many immigration programmes to choose from, including Express Entry as a skilled worker.

You’ll need to meet tough criteria for skills, experience and education, as well as language proficiency, criminal records, proof of funds and medical exams. All applicants are required to submit lots of supporting documents, and are scored using a points-based system. Your application will be entered into a pool, then ranked on your score - this determines who is granted permanent residency¹⁰.

It all sounds very time-consuming, but Express Entry applications are submitted using an efficient online system and tend to be processed within 6 months or even less¹⁰.

You can also be sponsored for permanent residency by a family member who is a Canadian citizen or permanent resident.

A Quick Guide to Retiring in Canada From the UK

If you’re approaching retirement age, you may well have an eye on Canada as a potential retirement destination. It’s easy to see why, as Canada offers great healthcare facilities and a high standard of living.

But how easy is it to retire in Canada? Here are the essentials you need to know:

Visas for UK Retirees

Many of Canada’s visa programmes focus on people who are most likely to contribute to the country’s economy, which unfortunately doesn’t include retirees.

But you can apply for permanent residency through family sponsorship, if you have a family connection to Canada. There’s also the Super Visa¹¹, a multi-entry visa valid for up to 2 years for UK citizens with children or grandchildren in Canada.

If you’re not yet retired and have the right skills, you could also apply for one of Canada’s work-related visa or permit programmes and settle in the country through that route.

It’s also useful to know that UK citizens can live in Canada for up to 6 months a year without a visa¹², so you might want to split your retirement between the UK and Canada.

Pensions

You can receive your UK state pension in Canada, and you may also be able to transfer other personal pensions. Just make sure you choose a Recognised Overseas Pension Scheme (ROPS) to transfer your pensions to, or you could face a large tax bill.

Save On Your Relocation Costs to Canada With Wise

Moving abroad will always involve lots of costs and fees, and many of these payments will need to cross borders. Use your bank for international transfers and you could be stung by high fees and terrible exchange rates.

Luckily, there is an alternative. Open a Wise multi-currency account and you can send money between the UK and Canada, and all over the world, for tiny fees and the real, mid-market exchange rate.

And once you’ve moved, Wise keeps on working for you. From the moment you step off the plane in Canada, you can spend in CAD using your international Wise debit card. This clever contactless card automatically converts to the local currency in 175 countries, at a fair exchange rate. There are no foreign transaction fees, only a small fee²³ to convert the currency.

So, while you’re waiting for your Canadian bank account to be set up, you’ll still have a convenient and low-cost way to cover your everyday expenses.

Source: https://wise.com/gb/blog/moving-to-canada-from-uk

[findcanadianbitcoin]

The Best Bitcoin Canadian Price Pairing

If you're interested in trading digital currencies, the BTC to CAD (Bitcoin to Canadian Dollar) pairing may be for you. It's a simple exchange rate system that's been around since 2009. You can buy and sell BTC in a pinch, and there are hundreds of ATMs around the country. Some of the most popular destinations for this kind of trade are Vancouver and Toronto, but you can find them in a number of other Canadian cities as well. Find out for further details on this page right here.

There are a number of crypto-to-fiat currency pairs out there. The BTC to CAD pairing is one of the more popular. Aside from a few exchanges based in Canada, there are plenty of international exchanges that allow Canadians to purchase and sell BTC. However, the most effective exchange rate is found on Bisq, a reputable online crypto broker that offers the best BTC to CAD rate on the planet. Learn more about bitcoin price in canadian dollars, go here.

The Bitcoin CAD conversion calculator is a great tool for determining the best rates for your cash. Alternatively, you can also consult an expert to determine which currency pair is right for you. Also, keep an eye out for upcoming interest rate decisions by the Bank of Canada. These may have a larger impact on the value of your investment.

Another good thing to do is read up on what's going on in the crypto world. Among the plethora of exchanges available, Coinsquare stands out as a top notch provider of both BTC and Litecoin. They're also among the cheapest in the business, with fees averaging only 0.2%. In addition to their own exchange, they also offer a number of other services, from bank deposits to gift cards for department stores.

The Coinsquare homepage features a number of useful features, including an interactive chart that shows you which exchanges have the highest volume of transactions for a given time frame. This makes it a cinch to find out where you stand in the marketplace. For instance, the site identifies whether you're a novice or a seasoned professional. Additionally, the site's e-newsletters provide you with regular updates about upcoming events, new offerings, and other important matters in the world of cryptocurrencies.

The Cryptocurrency Trading Platform is a Canadian company that allows you to purchase and sell cryptocurrency at a low cost. Their flagship product, the Cryptocurrency Trading Platform, allows you to buy and sell a number of cryptocurrencies in a secure and user-friendly manner. One of the many reasons this service is a winner is its ability to cater to the needs of a wide range of clients. Having such a diverse customer base helps them to provide a high quality product to the consumer. As such, they're likely to continue to innovate as the industry continues to evolve. Take a look at this link https://en.wikipedia.org/wiki/Bitcoin for more information.

While it's impossible to predict what the future holds, the upcoming year looks to be a big one for the industry. With the emergence of digital currencies such as the BTC, the cryptomarket is set to grow even bigger.

[atozcrypto]

How can you buy or sell Bitcoins & other cryptocurrencies?

Do you want to buy or sell cryptocurrencies, for example, Bitcoin? You can do it multiple ways, through an exchange, wallet, or ATM. Here is a detailed guide on it. 

If you want to buy cryptocurrencies or Bitcoins, you need to create an account for a crypto exchange. But there is another option to try if you don't want to choose the first one. In this cryptocurrency market zoom, we will discuss how to buy Bitcoins from a Bitcoin ATM. Well, we should not use the word ATM because it would dispense real currency, and Bitcoin is not a fiat currency. 

Actually, through this machine, you can buy and sell Bitcoins without making an account. The goal is to make the process simplified and easier. You can have custody of the Bitcoins that you purchase in a crypto wallet. If you have a wallet, you can send the amount to a deposit address. You need to have a crypto wallet to buy Bitcoins from an ATM. But you need to ensure that you are doing it safely, as scammers often target unsuspecting users through this method. 

The first ATMs are first launched in 2013, in a cafe shop in the Canadian city of Vancouver. A lot of Bitcoin miners spend a lot of time in these cafes, using Bitcoins to pay or spend 10,000 coins on two pizzas. All over the world, 36,610 Bitcoin ATMs are in 77 different countries, as per market research. Genesis Coin has the largest chain of Bitcoin ATMs with 15,140 machines, General Bytes with 7,965, and BitAccess with 5,549. Bitcoin Depot (19.1%), CoinCloud (14.1%), and CoinFlip (9.7%) are some other options.

So how would you buy Bitcoin from an ATM? You will find a QR scanner in the ATM where you need to scan the wallet's QR code. It will tell you your wallet address and may ask for your phone number. And in some cases, you need to show your official ID to follow KYC (Know Your Customer) and AML (Anti-Money Laundering) rules. 

Now you have to put the amount, double check it before proceeding. In some cases, you may receive a printed receipt before making the final transaction. Now, you type in the number of cash bills and confirm the transaction. You will get the amount in the final step. 

Some Bitcoin ATMs allow people to sell Bitcoins too. You can send Bitcoins to the wallet address shown on the ATM. You may receive your money almost immediately or may have to wait and redeem the code to get your money.  

Can you find a Bitcoin ATM near you? Maybe, because these things are still novelty items. You can use Google to search and type the term Bitcoin ATM near me. You will find the nearest ATM on the map and can go there and withdraw the amount. You can see the reviews to see which one is the best option to safeguard your interests and privacy. Some tools can be used to find out these machines such as Coin ATM Radar’s online map. Some ATMs also support other cryptocurrencies like Ethereum, etc. Here we will end our cryptocurrency market zoom blog. We will come up with more guides, news, and articles, until then stay tuned.

[columbiacurrencyexchange]

https://columbiacurrencyexchange.ca/

[jessicazoe01]

Money Globe is a reliable and very affordable company where you get the fastest currency exchange in Vancouver. We are here for a long time for you.