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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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Pope Francis to Make First Public Appearance in Over a Month

Pope Francis, 88, is set to make his first public appearance in five weeks this Sunday. The Vatican announced that the pontiff, who has been battling double pneumonia, will greet the public and offer a blessing from the window of his room at Rome's Gemelli Hospital. This marks a significant moment, as the pope has been hospitalized since February 14, making this his longest absence from public view since his election in 2013.

While his health has shown improvement, the Vatican has indicated that Pope Francis will not deliver the traditional Angelus prayer this Sunday, signaling that his recovery is ongoing. The pope's hospitalization has been a challenging period, but his resilience and determination to connect with the faithful remain evident.

This appearance will undoubtedly bring relief and joy to Catholics worldwide, who have been praying for his swift recovery. It also highlights the pope's commitment to his role, even amidst health challenges.

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