08/13/2026
Back-to-school planning can look a little different when your familyβs expenses cross the CanadaβU.S. border. π
Canada added ππ,πππ π£π¨ππ¬ in July, well above the 15,000 expected, while the U.S. lost ππ,πππ π£π¨ππ¬ over the same week. With the Canadian dollar strengthening and USD/CAD near π.ππππ, now may be a good time to review upcoming cross-border education expenses.
Before tuition and other school-related bills come due:
β’ Add up what youβll need in the other currency over the next 6β8 weeks β including tuition, residence fees, camp balances, and other essentials.
β’ Consider whether converting or locking in a portion ahead of time makes sense for your situation, rather than leaving everything until the due date.
β’ If your education savings include both an ππππ ππ§π π π.π. πππ π©π₯ππ§, talk with your advisor about how they fit into your broader financial plan.
A little preparation today can make the back-to-school season easier to manage.
ππ’π¬ππ₯ππ’π¦ππ«: For general informational purposes only. This content does not constitute financial, investment, tax, or legal advice. Exchange rates and market conditions can change. Please consult a qualified professional regarding your individual circumstances.