e Canadian Charter of Rights and Freedoms‚ patriated in 1982‚ is arguably the most fundamental base of law that exists in Canada. Section 2 of the Charter‚ also known as the Fundamental Freedoms‚ is a crucial part of the Charter because it protects citizens and gives them the freedom to follow and practice their own religion‚ have their own beliefs and opinions‚ express themselves as they wish and gather in peaceful assemblies (Jobb). Section 2(b) of the Charter‚ also known as the “freedom of expression”
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Financial Management ACPANA BUSINESS SYSTEM INC: EFFECT OF CURRENCY EXPOSURE ON REVENUE 1. Introduction and background Acpana Business Systems Inc. is a Canadian software development and backup-as-a-service provider. Recently‚ the company faced with the phenomenon which was the appreciation and volatility of Canadian dollar was affecting Acpana’s revenue significantly and undermining the growth of the company to a certain degree. Brenzel‚ the CEO of Acpana‚ was worried that the fluctuation
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value of the pound sterling affect Canadian businesses? ANS-An increase in the value of pound sterling results in Canadian dollar buying more units of foreign currency‚ which in turn results in appreciation. Q.14) Looking at Figure 1-8 (page 11)‚ in what years would you have chosen to visit the Canadian Rockies rather than Washington‚ D.C.? ANS-Looking at the figure 1-8‚ I would have choose the period from November 2007 to January 2009 to go to Canadian Rockies instead of Washington D.C.
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scenario where a Canadian Company‚ Pixonix‚ has to pay a U.S. Company $7.5million for licensed proprietary tools and software in 2 months and 29 days and the decision Mikayla Cain has to face regarding the currency risk of the companies future obligation. Thus‚ the major issue with this transaction is the currency risk faced by Pixonix. Currently one Canadian dollar is worth $1.0717 U.S. dollars‚ however there is considerable amount of uncertainty about whether or not the Canadian dollar will depreciate
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Question 1: The problem a. What is Pixonix home currency? The Canadian Dollar b. What is Pixonix exchange rate exposure? What are they concerned about? Canadian Dollar appreciates versus the US Dollar. They are concerned about the decline of the Canadian Dollar that is forecasted in the second half of the following year. Question 2: Scenario Analysis/Calculations (please state your assumptions to get full credit) Assume the following 3 possible exchange rate scenarios: i. USD/CAD
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2) Assume that the U.S. inflation rate becomes high relative to Canadian inflation. Other things being equal‚ how should this affect the (a) U.S. demand for Canadian dollars‚ (b) supply of Canadian dollars for sale‚ and (c) equilibrium value of the Canadian dollar? (a) The demand for Canadian dollars should increase. (b) The supply of Canadian dollars for sale should decrease. (c) The equilibrium value of the Canadian dollar should increase. 3) Assume U.S. interest rates fall relative to British
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VOYAGES SOLEIL: THE HEDGING DECISION Industry and Situation Analysis According to the case‚ the Canadian tour operating industry had been flourishing between 1988 and September 11‚ 2001. The Canadian economy growth rate also was increasingly as this industry that was very positively correlated with the overall economy. On September 11‚ 2001‚ there was the terrorist attack the Twin Towers of the World Trade Center in New York City. As a result‚ both buildings collapsed within two hours‚ destroying
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every year. The cost of these tools and software is 7.5 million U.S. dollars. Thus‚ every year at the end of January‚ Pixonix Inc. has to endure an expense of 7.5 million dollars. According to the case‚ currently the Canadian dollar is appreciating against the U.S. dollar. Therefore the Canadian dollar is performing well. However‚ considering the recent history of the CAD-USD exchange rate relationship‚ the Canadian dollar is known to reach record highs‚ and then trades at parity‚ followed by
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of choice of honey among the nine groups in the class. Five groups recommend pure Canadian honey‚ two of which also recommend U.S. honey as a secondary source. Three groups recommend pure U.S. honey‚ contributing largely to the fact that the teams did not convert the U.S. honey price quoted in U.S. dollar to Canadian dollar in which the other alternative honey price are quoted. One team recommend 50-50 Canadian-Argentina blend. The main advantages and disadvantages of each honey choice are
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Introduction Unifine Richardson is a food manufacturer with 110 employees. The company’s sole supplier of honey announced that effective immediately it was no longer able to supply Chinese honey. The Canadian Food Inspection Agency had rejected the importation of Chinese honey due to recently found traces of an antibiotic chemical. China had provided 20% of the world’s honey supply. Faced with escalating prices‚ issues with customer preferences‚ and possible product recalls Issues The
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