CGP News & Resources

Maximize Profits & Protect Against Losses with Taylor Lahey

Olympia CGP | 11/24/20 9:48 AM

As a Senior Account Manager with Olympia Trust, Taylor specializes in assisting companies manage both immediate and future currency requirements. With extensive experience with large volume companies ...

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How Canadian businesses can easily transfer USD funds within the USA

Olympia CGP | 11/2/20 8:00 AM

PAD ACHs are the leading alternative to deposits made by cheque, draft or wire payment as they speed up and simplify the process. Not only will your beneficiaries receive the funds in their account ...

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How To Accelerate Your Payment Processes And Eliminate Bank Fees

Olympia CGP | 10/13/20 8:56 AM

PAD-EFTs are the leading alternative to deposits made by cheque, draft or wire payment as they speed up and simplify the process. Not only will your beneficiaries receive the funds in their account ...

Topics: Articles

How Extreme Events Are Impacting Your Business

Alexander Grant | 6/16/20 6:00 AM

In this update, I want to explain why typical bank FX forecasts are uninformative and why it is extreme events (and their impact on your business) that we should be concerned about.

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Why Every Business Should Use FX Derivatives

Alexander Grant | 5/25/20 2:15 PM

Derivatives in their most basic form have been documented as far back as Antiquity. Traces of their use can be dated to 600 BC, but are most commonly assumed to have had their first commercial ...

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What Happens To USDCAD After 100 Trading Days?

Alexander Grant | 5/20/20 10:38 AM

Today is the 100th trading day (TD) of 2020, so I thought I would run numbers to give perspective on seasonal tendencies for the balance of the year based on an historical back test.

Topics: Articles

How to Free Up Working Capital

Olympia CGP | 3/23/20 9:16 AM

Foreign currency exchange may be affecting your bottom line, but it doesn’t have to. For Canadian import and export companies, fluctuations in exchange rates can make it challenging to budget ...

Topics: Articles

What You Need To Know About Sending International Wire Payments

Olympia CGP | 3/13/20 11:24 AM

If your business deals with international manufacturers, suppliers or overseas employees, chances are you will need to send international money transfers or international wire transfers on a regular ...

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The Secret to Easy International Payments

Olympia CGP | 3/13/20 11:17 AM

Regardless of the size or nature of your company, an international invoice is likely to land on your desk at some point in time. International import and export is becoming commonplace for small and ...

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The Truth About Banks vs. Financial Institutions

Olympia CGP | 3/9/20 3:17 PM

When it comes to Foreign Exchange, which one should I go with? Whether you are importing/exporting goods, making a large purchase or sale in another country, you will encounter the need for foreign ...

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