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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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Back-to-School Bargains: Big Savings on Tech, Gear, and Essentials This Week

 

With the first day of school just around the corner, retailers are rolling out some of the year’s best deals to help families gear up without breaking the bank.

Classroom & Study Essentials

  • No Frills is spotlighting budget-friendly lunch gear, including PC Kids Dual Compartment Lunch Bags for $8 and Bento Snack Boxes for $7.
  • Durable PC Push Lid Water Bottles are just $9, helping students stay hydrated in style.

Tech & Dorm Must-Haves

  • Best Buy Canada is offering up to $400 off select NVIDIA gaming laptops and $500 off iPads.
  • Save up to 49% on headphones and portable speakers, plus deep discounts on printers, office furniture, and smart displays.

Backpacks & Supplies

  • Lands’ End Kids ClassMate Backpacks are up to 57% off with code KAYAK.
  • Amazon’s buy-more-save-more promo knocks $10 off when you spend $50 on select school supplies.

From lunch kits to laptops, this week’s promotions make it easier to tick off every item on the back-to-school checklist — and still have room in the budget for a celebratory first-day treat.

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