Also Interesting
A Historical Look at the CAD Currency and How it Affects Online Payments
The Canadian dollar enjoys very good reputation in financial circles and is used more frequently than you might expect for the currency of a relatively small country. It’s not rare for online payments to be
accounted in CAD on many different websites ranging from e-commerce stores to online casino sites.
There are several reasons why this is the case, and to truly understand the role that the Canadian dollar plays on the international scene today we need to look back at the early days of this currency. Canada’s past and present relations with other nations has shaped how Canadian money is used, and continues to affect its value in the era of digital trading without borders.
Brief History of the Canadian Dollar
Before it became a sovereign nation, Canada was trapped economically between its colonial master and its large neighbor. During the colonial era, several North American provinces that are today part of Canada found it impractical to use imperial money and created their local versions of the US dollar. In 1858, the Canadian dollar was established and almost 10 years before Canada became a country, the burgeoning nation replaced local currencies with its own money.
Originally the Canadian dollar was tied to the gold standard, but this practice was disrupted during
World War I and completely discontinued in 1933. In the post-war period its value was sometimes
pegged to the US dollar, with the rate changing over time but never getting too far from parity. This too was deemed too limiting, and after the 1950s CAD was allowed to have a floating value based on supply and demand in the market.
Today, CAD 100 is worth around $US 75, so whenever prices are shown in Canadian dollars their cost in the American equivalent is around 25% lower. A similar rate is maintained on exchanges across the
world, and Canadian dollars can be swapped for practically any other currency. Canadian dollars are
currently available in bank notes worth between $1 and $1000, while coins are still available for smaller denominations. The Bank of Canada is considering the possibility of issuing a digital version of CAD in the future, but there are no immediate plans to do so.
How Is CAD Regarded Today in Global Trade
Throughout its existence, Canadian dollar has proven to be exceptionally stable. It never experienced
large fluctuations in value as consequence of hyperinflation or other economic problems, and its rate vs. the US dollar has remained roughly similar for decades. This is in part because Canadian economy is strongly connected with the US, but also because the country exercises good financial governance and manageable levels of public debt.
Due to its status as a reliable and convertible currency, CAD is readily used for international transactions that involve Canadian companies or government. It is frequently used between third parties as well. However the CAD is not on the same level in this role as $US, Euro, or Pound Sterling and is more similar by volume to Swiss franc and Singapore dollar. Many foreign banks also prefer to keep a portion of their reserves in Canadian dollars because of the low likelihood of a sudden loss of value.
A case from 2012 provides a great illustration of the reputation for stability that Canadian dollar enjoys. During a financial crisis in Iceland, there was a proposal for the tiny island nation to adopt CAD as its legal tender. While the plan was eventually abandoned, the fact that a foreign nation had a higher opinion about Canadian currency then its own is very telling.
The Role of CAD in Online Payments
Much like in traditional trading, Canadian dollar plays a significant role in online commerce. For online transactions within Canada, CAD is the default currency but it is also commonly used to pay for goods or services distributed internationally. Almost all leading digital payment services such as PayPal or Skrill support transactions in CAD, which means money can be instantly sent anywhere in the world. That greatly benefits Canadian citizens and others who keep their money in CAD as it allows them to save on conversion fees.
The penetration of CAD on online marketplaces is also considerable, but less than ideal. In general, you can pay for a lot of things on the internet without conversion since many companies based
elsewhere in the world are happy to accept Canadian money. Many online casinos, like these slots in Canada, list CAD as one of supported currencies so you can just deposit your cash and not worry about
the exchange rates.
It’s fair to say that Canada is already punching above its weight when it comes to facilitating online
trade, but it could do even better. A concerted effort to promote the use of CAD outside of the country
could create additional benefits for the economy and fortify the value of CAD against American dollar
and other top currencies. It will be interesting to see how a national currency that’s almost two
centuries old will adapt to the changing landscapes of online commerce.
Alberta
From Underdog to Top Broodmare
WATCH From Underdog to Top Broodmare (video)
Executive Producers Jeff Robillard (Horse Racing Alberta) and Mike Little (Shinelight Entertainment)
What began as an underdog story became a legacy of excellence. Crackers Hot Shot didn’t just race — she paved the way for future generations, and in doing so became one of the most influential producers the province has known.
The extraordinary journey of Crackers Hot Shot — once overlooked, now revered — stands as one of Alberta’s finest success stories in harness racing and breeding.
Born in humble circumstances and initially considered rough around the edges, Crackers Hot Shot overcame long odds to carve out a career that would forever impact the province’s racing industry. From a “wild, unhandled filly” to Alberta’s “Horse of the Year” in 2013, to producing foals who carry her spirit and fortitude into future generations.
Her influence ripples through Alberta’s racing and breeding landscape: from how young stock are prepared, to the aspirations of local breeders who now look to “the mare that did it” as proof that world-class talent can emerge from Alberta’s paddocks.
“Crackers Hot Shot, she had a tough start. She wasn’t much to look at when we first got her” — Rod Starkewski
“Crackers Hot Shot was left on her own – Carl Archibald heard us talking, he said ‘I’ll go get her – I live by there’. I think it took him 3 days to dig her out of the snow. She was completely wild – then we just started working on her. She really needed some humans to work with her – and get to know that people are not scary.” — Jackie Starkewski
“Crackers Hot Shot would be one of the top broodmares in Albeta percentage wise if nothing else. Her foals hit the track – they’re looking for the winners circle every time.” — Connie Kolthammer
Visit thehorses.com to learn more about Alberta’s Horse Racing industry.
Also Interesting
Top 5 Reasons to Work with a Tutor
Education in Canada is constantly evolving, adapting to new teaching methods, digital tools, and changing student needs. While schools and universities provide a solid foundation, the reality is that every learner is unique—and sometimes the standard classroom approach isn’t enough to unlock their full potential. That’s where tutoring comes in. Tutoring has become a trusted solution for Canadian families who want to ensure that students not only keep up with school requirements but also thrive academically and personally. It’s not simply about getting extra help with homework—it’s about creating a personalized learning experience that addresses specific strengths, weaknesses, and goals. For some students, this means preparing for a major exam or catching up on a subject where they’ve fallen behind. For others, it’s about developing advanced skills, improving study habits, or gaining the confidence to participate more actively in class.
The benefits of tutoring extend beyond grades. Many parents in Canada notice that their children become more motivated, organized, and independent after working with a tutor. By receiving individual attention, students can ask questions without hesitation, work at their own pace, and build academic strategies that will serve them well throughout their education. If you are exploring options such as tutor Oakville, you’re already taking an important step toward investing in a brighter future. Tutoring isn’t just about filling in gaps—it’s about unlocking potential, reducing stress, and building skills that last a lifetime. With that in mind, let’s explore the top five reasons why working with a tutor could be one of the best educational investments for you or your child.
1. Personalized Learning Experience
One of the greatest advantages of tutoring is the ability to create a truly customized learning journey for each student. Unlike in a crowded classroom, where one teacher must divide attention among dozens of learners, a tutor can adjust teaching methods, pace, and focus areas to match the unique needs of a single student. This flexibility makes an enormous difference for those who might be struggling in one subject while excelling in another. For example, a child who finds math intimidating but thrives in reading can receive patient, step-by-step guidance in math, helping them build confidence without feeling overshadowed by classmates who learn faster.
Personalized learning also celebrates individual strengths, ensuring that a student’s talents are nurtured while weaknesses are carefully addressed. Instead of following a one-size-fits-all curriculum, tutoring allows for creative approaches—whether that means using visual aids, real-life examples, or interactive exercises tailored to how a student learns best. Over time, this approach not only improves comprehension but also empowers students to believe in their own abilities. When learning feels accessible and adapted to personal needs, education becomes more enjoyable and meaningful, laying the foundation for long-term success.
2. Improved Academic Performance
Many students who work with a tutor see measurable improvements in grades and test scores. Regular one-on-one sessions provide focused attention, which allows students to ask questions freely and receive instant feedback. This targeted support often leads to stronger comprehension, better homework completion, and increased classroom participation. In the Canadian education system, where standardized tests and university applications can be highly competitive, this academic boost can make a real difference.
| Area of Growth | Without Tutoring | With Tutoring |
| Homework completion | Inconsistent | More consistent and accurate |
| Confidence in class | Low to moderate | High, with active participation |
| Test preparation skills | Limited | Structured and effective |
| Overall grade improvement | Minimal | Noticeable progress within weeks |
3. Better Study Habits and Discipline
Tutoring goes far beyond improving grades. It helps students build the kind of habits that last a lifetime. Many Canadian parents notice that after only a few weeks of working with a tutor, their children become more organized and disciplined. This is because tutoring doesn’t just cover subject material; it also teaches students how to approach learning strategically. Tutors encourage students to manage their time more effectively, break larger assignments into smaller tasks, and develop note-taking methods that make reviewing material much easier.
These skills aren’t limited to school. They help students tackle challenges in everyday life. By learning to stay on top of deadlines, maintain focus, and structure their work systematically, students become more self-reliant and independent. Over time, these habits prepare them not just for academic success, but also for the expectations of post-secondary education and professional careers.
4. Reduced Stress and Anxiety
Academic struggles often create a cycle of stress, low motivation, and in some cases even fear of going to school. Students who consistently feel overwhelmed can lose confidence, which only deepens the challenge. Tutoring provides a safe and supportive environment where these feelings can be addressed in a constructive way. With one-on-one guidance, students no longer feel pressured to keep up with the pace of an entire class or worry about being judged for asking questions. Instead, they can take the time they need to fully understand the material. This reduces anxiety and replaces it with a sense of progress and achievement. In Canada, where students often juggle academics with extracurricular activities, sports, and social commitments, this additional support helps restore balance. The result is a healthier mindset toward learning, improved motivation, and a greater willingness to engage with school.
5. Long-Term Success and Confidence
While tutoring often leads to short-term results like higher grades or better test scores, its greatest value lies in the long-term benefits it creates. Students who learn how to study effectively and who build confidence through tutoring carry those skills far beyond high school or university. They become more adaptable learners, better prepared to handle the challenges of higher education, scholarship applications, and competitive job markets. Perhaps even more importantly, tutoring fosters resilience—students discover that with the right strategies, they can overcome challenges that once seemed insurmountable.
Key long-term advantages include:
- Stronger problem-solving and critical thinking skills
- The ability to set and achieve personal academic goals
- Greater self-confidence that extends into professional and personal life
- A sense of independence and responsibility in learning
- Lifelong skills that support growth in any future career path
What makes these benefits particularly powerful is their lasting nature. Unlike a temporary boost in grades, the skills gained through tutoring become part of a student’s character and approach to life. Confidence built during tutoring sessions often translates into active classroom participation, more ambitious academic choices, and even leadership roles in extracurricular activities. As students grow, they carry these qualities into adulthood, where resilience, independence, and self-motivation are invaluable. In this way, tutoring is not only an investment in education but also in shaping confident, capable individuals who are ready to meet the demands of the future with clarity and determination.
Why Tutoring Matters in Canada
Tutoring should not be viewed as just an extra set of lessons. It is a valuable opportunity to unlock hidden potential, overcome academic barriers, and build skills that will stay with a student for life. Across Canada, more families are beginning to see that one-on-one guidance is about much more than improving grades. It helps foster confidence, discipline, and resilience that shape long-term success. From young children learning the basics to high school and university students preparing for competitive programs, tutoring offers personalized support that a traditional classroom often cannot provide.
Students who work with tutors frequently become more motivated to study, more confident in asking questions, and better prepared to manage both academic and personal challenges. For parents, choosing tutoring is an investment not only in education but also in the personal growth of their children. The outcome is a brighter and more confident future, where students are ready to approach challenges with determination, focus, and independence.
FAQ
How often should a student work with a tutor?
The frequency depends on the student’s goals and learning pace. Most students benefit from one to three sessions per week. One session is often enough for ongoing homework support, while two or three sessions are useful for exam preparation, catching up in a difficult subject, or building consistent study habits. The key is to maintain regular contact so progress is steady and measurable.
Can tutoring help with specific subjects like math or science?
Tutoring is highly effective for targeted subjects. Tutors in Canada often specialize in specific areas such as math, science, English, or French, ensuring students receive expert support. Whether it is understanding algebra, preparing lab reports, or improving essay writing, a tutor can provide strategies and explanations that fit the student’s learning style. This focused support helps fill gaps that may have been missed in class.
Is tutoring only for struggling students?
Tutoring is just as valuable for high-achieving students as it is for those who face difficulties. Many students who are already doing well use tutoring to stay ahead of the curriculum, prepare for university entrance exams, or deepen their knowledge in a subject of interest. Tutoring can also help advanced learners remain challenged and engaged so they do not lose motivation.
How long does it take to see results from tutoring?
Most students notice improvements within the first month of consistent sessions. Immediate progress is often seen in homework completion and class participation. Longer-term changes, such as stronger study habits, higher test scores, and increased confidence, usually take a few months. The speed of progress depends on the student’s starting point and the consistency of lessons.
Are tutoring programs available online in Canada?
Online tutoring has become very popular across Canada. Families appreciate the flexibility of connecting with qualified tutors without the need for travel. Online platforms also allow students to use interactive tools like digital whiteboards, shared documents, and real-time feedback. For busy families balancing school, work, and activities, online tutoring offers a convenient and effective solution.
Does tutoring improve confidence as well as grades?
Academic support naturally helps students achieve higher grades, but the deeper value of tutoring lies in how it builds self-esteem. When students receive encouragement, clear explanations, and personalized feedback, they begin to see themselves as capable learners. This confidence often extends beyond academics and influences other areas of life such as sports, extracurricular activities, and social interactions.
What age groups benefit most from tutoring?
Tutoring is beneficial for students of all ages. Younger children often need help building reading, writing, or math fundamentals. Middle and high school students benefit from support in complex subjects and exam preparation. University students use tutoring to manage heavy coursework, sharpen critical thinking, or prepare for professional programs. At every stage, the right tutoring approach can make learning more effective and enjoyable.
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