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Russia Deploys Kalibr-Armed Warship to Mediterranean Amid Rising Tensions

On July 13, 2025, Russia deployed three warships to the Mediterranean Sea, one of which is armed with Kalibr cruise missiles , according to a report from the Ukrainian Navy. The missile carrier is capable of launching up to four Kalibr missiles , adding a new layer of strategic presence in the region. At the same time, Ukrainian officials confirmed that no Russian naval vessels  were detected in the Black Sea or the Sea of Azov  ,marking a shift in maritime focus. Over the past 24 hours, six vessels transited the Kerch Strai t toward the Black Sea, with three continuing toward the Bosphorus Strait , while five ships entered the Sea of Azov. This deployment comes amid ongoing hostilities in Ukraine, where Russian forces reportedly suffered significant losses in recent combat engagements. Analysts suggest the move may be part of a broader effort by Moscow to project power beyond its immediate borders , especially as tensions remain high across multiple fronts. The presence of Ka...
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Exchange rates and tips for Canadians travelling abroad



CAD vs EURO

With inflation on the rise, it’s important to consider the exchange rate when travelling abroad. As of August 22nd, 2023, 1 Euro is equal to 1.469416 CAD. You can use a currency converter like Forbes Advisor, or Wise to get the latest exchange rates.

When travelling abroad, it’s best to use a credit card as they offer the best consumer rates compared with ATMs or cash exchanges. Credit cards also have a foreign transaction fee of around 2.5% which is lower than most ATM and debit card fees. If you’re travelling a lot, you can consider using travel cards like Scotiabank Passport Visa Infinite Card, HSBC World Elite Mastercard and Brim Mastercard which offer fee-free overseas transactions.

Cash also has a role to play when travelling abroad. You’re going to need cash for taxis, tips and small purchases like coffee and croissants.


CAD vs USD

As of August 22nd, 2023, 1 Canadian Dollar (CAD) is equal to 0.74 US Dollars (USD). You can use a currency converter like Xe to get the latest exchange rates.


 Countries with good exchange rate with Canada

There are many countries where the Canadian dollar is high and you can get the most out of your money. Here are some of them:

Argentina

Mexico

Tanzania

Indonesia

India

Egypt

Poland

Belize

Philippines

These countries have unique currencies and exchange rates that are favorable to the Canadian dollar. You can compare the currencies of other countries to Canada’s using a currency converter like Xe.


How to avoid foreign transaction fees when travelling abroad?

You can avoid foreign transaction fees when travelling abroad by using a credit card that offers fee-free overseas transactions. Credit cards like Scotiabank Passport Visa Infinite Card, HSBC World Elite Mastercard and Brim Mastercard offer fee-free overseas transactions. You can also use a currency converter like Xe to get the latest exchange rates.



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