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The Loonie Just Hit a 14-Month Low — Here's What It's Costing You

   Saturday, July 25, 2026 The Canadian dollar has slid to its weakest level since April 2025, and speculators are betting it has further to fall. Here's why it's happening and what it actually means for your wallet. If you've bought anything in U.S. dollars lately — a flight, an Amazon.com order, a hotel for a Florida trip — you may have noticed the exchange rate isn't doing you any favours. The Canadian dollar touched 1.4248 per U.S. dollar (about 70.2 U.S. cents ) last week, its weakest level in 14 months, before steadying closer to 1.41 . It's not just a bad week. Currency speculators have piled into bets against the loonie so aggressively that the Canadian dollar has overtaken the Japanese yen as the most heavily shorted major currency in the world, according to data from the U.S. Commodity Futures Trading Commission. Net short positions against the CAD hit roughly US$12.5 billion — the largest bearish bet on the loonie since December 2024. Why the loonie is ...
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Carney and Trump: A Critical Trade Discussion Amid Optimis

 

As former Bank of England governor Mark Carney prepares to meet with former U.S. President Donald Trump to discuss trade relations, experts are cautiously optimistic about potential progress. While previous U.S.-Canada trade negotiations have had their challenges, Carney’s extensive economic expertise and diplomatic approach may open new doors.  

Economists suggest that a renewed focus on balanced trade policies could benefit both nations, particularly in sectors like energy, technology, and manufacturing. Whether Carney can successfully navigate Trump’s unpredictable approach to deal-making remains to be seen. However, early indications suggest the conversation could bring some much-needed clarity to North American trade relations.  



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