HiFX is a private company specializing in foreign currency exchange. Even if you're buying in the US, where the Canadian dollar has been close to par with the American, understanding the potential impact of currency exchange on your property purchase is crucial. For example, what if you buy when the dollar is at par, but three years into your mortgage the loonie slips to 80 cents US, or so? You are now paying 20% more on your mortgage and, on a property purchase of a couple hundred thousand dollars plus, you could be looking at dropping an extra $40,000 or more! Thats where a company like HiFX comes into play. They can actually help you lock in at a specified exchange rate for a certain period of time.