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Presented by Paul Wiens of EncoreFX for the Winnipeg World Trade Centre’s online training series.
Embarking on a path to international business can be daunting. There are many risks to consider, including country risk, political risk, regulatory risk, and currency risk. Currency risk is often something that is overlooked or seen as a “cost of doing business”, but in this webinar we explore how currency risk has the potential of impacting a Canadian business that is importing or exporting and share what they can do to limit negative impacts on their company.
This webinar is intended for an audience that is new to importing or exporting and/or is unfamiliar with the concept of currency risk. Following the webinar, viewers should:
Presented on October 18, 2017 by Jennifer Ovelson (EncoreFX) and Rob Luini (EDC)
As an exporter of goods or services to the USA, do you know what would happen to your business if the US dollar continues to trend lower relative to the Canadian dollar? Are you able to maintain your operations if USDCAD falls below 1.20?
This webinar will briefly discuss currency volatility and its impact on Canadian exporters as of late. EncoreFX has partnered with EDC to provide you with some export insights and best practices for managing currency risk to assist you in protecting your business and profits from a volatile US dollar, so that you can continue to benefit from the diversity of selling to international markets.
Presented on July 6, 2017 by Jared Burns, VP FX Risk Management.
Do you know what would happen to your business if the US dollar gained another 3 cents on Canada?
What about 5 cents? More?
Using a real life example, this webinar takes a look at the impact that currency volatility is having on Canadian importers in today’s economy. Through this example, we outline some best practices that businesses can use to protect themselves from negative currency swings (while remaining open to opportunities for maximizing their revenue).
This webinar should help you:
– Assess how currency volatility affects your business and profit margins
– Identify the tools available to manage foreign exchange requirements
– Understand the basics of implementing these tools strategically to protect profit margins and maximize revenue