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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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Trump Suggests Making Canada the 51st U.S. State: A Bold Proposal

 

In a recent statement, former President Donald Trump made waves by suggesting that Canada should become the 51st state of the United States. While speaking at a rally, Trump claimed that the idea of incorporating Canada into the U.S. was not just a passing thought, but a "real thing" he was considering.

The bold proposal has sparked immediate reactions, with many questioning its feasibility and implications. Critics point to the significant political, cultural, and economic differences between the two countries, which might make such an integration challenging. Supporters, however, see it as an opportunity for stronger economic ties and a unified front on the global stage.

Although Trump’s suggestion was likely meant to stir conversation, it raises important questions about the future of North American relations and the boundaries of national identity. Whether this idea gains any traction or remains a talking point in political circles, it has certainly captured the attention of many.

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