You are a Canadian citizen who works in Toronto and owns a winter home in Phoenix, Arizona.When you spend the winters in Phoenix, an increase in the value of the Canadian dollar relative to the U.S.dollar should

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When the Canadian dollar appreciates relative to the U.S. dollar, it means that each Canadian dollar can buy more U.S. dollars. Therefore, when you convert your Canadian salary to U.S. dollars to cover your expenses in Phoenix, you will receive more U.S. dollars for each Canadian dollar you earn. This will make it easier for you to cover your expenses in Phoenix and may even allow you to save more money.

You Are a Canadian Citizen Who Works in Toronto and Owns