Exchange Rates: Do Homework Before You Go

Winnipeg Free Press (August 11, 2007)


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Summary:

A. There is and you did it according to your e-mail. You cashed a small amount only, thought about what an insult this was, and left. It was encouraging to read that a more positive experience occurred at the Warroad Estates golf club, where they took your dollars at par. It seems only a short time ago that Canadian retailers and hospitality service providers were strongly encouraged to be fair to our American visitors, regardless of how strong the U.S. dollar was against ours at the time. It stands to reason that the further the dollar goes, the more frequently we are likely to want to go back. As we go south this winter we will want to be sure our travellers' cheques and cash purchases with Canadian currency are such that we don't feel ripped off as you feel you were. It will be wise to get currency changed here in many instances, or to search out the locations at your destination in advance, be it Mexico, the Caribbean, or the United States. While banks are usually your best bet, their hours and locations may not be convenient.

Extract:

Exchange Rates: Do Homework Before You Go

Ask Journeys / Ron Pradinuk

A reader who just came back from a road trip to Warroad, Minn. and experienced the misfortune of not being given fair exchange for his Canadian dollars...



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