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The Loonie Just Hit an 8-Week High — Here's What a Stronger Dollar Means for You

  August 11, 2026 Three weeks ago, we told you the Canadian dollar had crashed to a 14-month low . This week, it's doing the opposite: the loonie just touched its strongest level since June, and it's not a small bounce. If you shop online, travel south, or hold US stocks in your RRSP or TFSA, this move actually moves your numbers. What actually happened The Canadian dollar strengthened to about 1.393–1.394 per US dollar — roughly 71.7 to 71.8 US cents — its best level in eight weeks, according to Reuters and TradingEconomics data. That's a meaningful move: the loonie has gained close to 2% against the greenback since hitting 1.4248 on July 25, and it's up about 1.6% over the past month alone. THE TURNAROUND, IN THREE NUMBERS July 25 (14-month low) 1.4248 USD/CAD Today (8-week high) ~1.394 USD/CAD Move since July 25 Loonie up ~2.2% Two things are driving it. First, Friday's July jobs report blew past every forecast — the Canadian economy added 75,100 jobs against ...

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Mass Displacement in Lebanon Amid Escalating Conflict

 

Lebanon is facing a humanitarian crisis as over one million people have been displaced due to escalating violence between Israel and Hezbollah. The conflict has intensified, with Israeli airstrikes targeting various locations, including the Lebanese capital, Beirut.

The Lebanese Health Ministry reports that more than 1,000 people have been killed and at least 6,000 wounded in the past two weeks. The situation has forced approximately one-fifth of the population to flee their homes, seeking safety in less affected areas or neighboring countries.

The displaced population is experiencing severe hardships. Many have found temporary refuge in places like the city of Sidon, where they sleep in parking lots, or in mountain villages like Aramoun, where locals have opened their homes to those in need. The fear and anxiety among the displaced are palpable, as they worry about their safety even in their new locations.

The conflict has also affected Syrian refugees in Lebanon, who now find themselves displaced once again. Raed Ali, a Syrian refugee, expressed his despair, stating, "We don’t know where to go. That is the problem, we don’t know what our fate is".

The international community is closely monitoring the situation, with humanitarian organizations working to provide aid and support to the displaced population. However, the ongoing violence and the potential for further escalation continue to pose significant challenges for relief efforts.

As the conflict shows no signs of abating, the displaced Lebanese population remains in a state of uncertainty and fear, hoping for a resolution that will allow them to return to their homes safely.


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