Canadian Dollar at Par

Got a Question? CFP Professionals Can Help!

Our loonie has made it into the big times. With our dollar at U.S par, the buzz around our dollar's new status has circled faster than one can say: "U.S shopping spree anyone?"

But of course there's more to the story when it comes to how this might play out on a number of financial planning considerations.

GOT A QUESTION — WE MAY HAVE THE ANSWER.

If you are preparing editorial related to the dollar-at-par story, we can put you in touch with folks from our community of CFP professionals who can support your story with insight, expertise and perspective as it relates to Canadians and their financial planning priorities.

Possible story ideas/areas of interest…

* Snowbirds — how will they gain from the new dollar status; what to do with the extra savings?
* Investments — short and longer term considerations? What should we be watching for in the weeks/months/year(s) ahead?
* Big purchases — does it make sense to buy south — what else do we need to factor in besides exchange costs? Any other alternatives to consider?
* What else?
o Vacations — the U.S is looking more attractive — how does it stack up against traveling to other parts of the world from a currency perspective?
o Schooling south of the border — expensive but maybe now just a little less so?
o Other — got a question. Bring it on!

About the community of CFP professionals:

More than 17,000 individuals in Canada have earned CFP® certification. This expert community of financial planning professionals spans the country and all the financial services sectors. Qualified to provide financial planning advice, CFP professionals can answer questions on topics related to retirement, investment, insurance, tax and estate planning, education savings, budgeting and more. Many have specializations including financial planning for life transition, divorce, charitable giving, elder care, alternative investing and others.

About Financial Planners Standards Council(FPSC) is a not-for-profit organization established in 1995 to lead the development of the financial planning profession. FPSC develops and enforces the highest standards in financial planning competency and ethics for individuals who hold CFP® (CERTIFIED FINANCIAL PLANNER®) certification in Canada. There are currently more than 17,000 CFP professionals in Canada and more than 100,000 individuals who have earned CFP certification in 20 countries around the world. See www.fpsccanada.org for more information.

NOTE TO EDITORS: For further information on FPSC and the CFP designation, please visit our online media kit at http://www.fpsccanada.org/media/fpsc_media_kit

FOR MEDIA INTERVIEWS AND FURTHER INFORMATION, CONTACT:

Eileen Chadnick/Chadnick Communications at 416.631.7437 or eileen@chadnick.com

Liz Ptak/FPSC at Tel: 416.593.8587 x 257 or email lptak@fpsccanada.org.