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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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OLG Marks 50 Years with $1 Million ‘Welcome to Wintario’ Giveaway


The Ontario Lottery and Gaming Corporation (OLG) is celebrating its 50th anniversary in style — by giving Ontarians a free shot at becoming a millionaire.

The Welcome to Wintario contest, running from August 18 to October 19, 2025, offers a $1 million grand prize and 50 secondary prizes of $1,000. Entry is simple: residents aged 18 and older can sign up or log in to their Winner’s Edge account on the official Wintario Contest site, accept the rules, and click “Enter Contest.” Only one entry per person is allowed for the entire contest period.

OLG President and CEO Duncan Hannay calls it “a celebration of the players who have made the last 50 years possible”. Since 1975, OLG has awarded more than $59 billion in prizes and reinvested approximately $62 billion into Ontario communities, supporting healthcare, amateur sports, charities, and more.

Winners will be chosen by random draw after October 23, 2025, and contacted through their Winner’s Edge account details. With no purchase necessary, it’s a milestone celebration that could turn one lucky Ontarian into the province’s newest millionaire.

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