Canadian Money

Canadian Money and the Canadian Dollar Canadian money is the Canadian dollar and it is denoted by C or CAD. It is the official currency of the country and one hundred cents make up one Canadian dollar. The first Canadian money was printed in 1817 by the Bank of Montreal and it was later made official on 1st January 1858 by the Province of Canada. Before the dollar, Canada had Spanish dollars as its currency. But with the intention of having its own identity and also due to the fact that

Investment

Commodities

Commodities In the economic sense commodities are goods and services or marketable items. Another definition of commodity applies to goods only, that is commodities that are traded. These goods are in demand but are supplied without qualitative differentiation. That is one unit is the same as another no matter who produced it. Corn, wheat, gold, and copper are all examples of this type of commodity. The price of a commodity is universal; gold for example may be $300 an ounce anywhere on the

Investment

Cost of Gold

The Cost of Gold It’s a strange investment market nowadays and a very shaky economy. With the stock market being so wobbly, investors have realized that gold is one thing that is going to remain valuable, no matter what! The cost of gold has been increasing as investors have actively parking their cash in gold as well as gold related investments. In the last few years, nearly every investment venue has depreciated in value and actively failed to get back the investment that was made in it.

Investment

Debt Ceiling

The Debt Ceiling The government can spend only if there are sufficient funds to pay for the spending. When the budget is made up every year this is a spending plan for the government. The money comes from tax dollars or borrowing and there is never enough tax dollars to cover the budget so borrowing take place in the form of selling U.S. government bonds. But there is a limit to government borrowing and when that limit is reached the debt ceiling has been reached. The debit ceiling for the

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