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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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Parched and at Risk: Gaza’s Families Turn to Unsafe Water Amid Scorching Heat

                                            Gaza City on Tuesday, August 12, 2025

In Gaza, relentless summer heat has pushed temperatures to punishing highs, leaving families desperate for relief. With clean water scarce, many residents are left with no choice but to drink from unsafe sources — a decision that carries heavy consequences.

Children are among the most affected, with parents reporting waves of stomach illnesses, dehydration, and skin infections linked to contaminated water. Humanitarian agencies warn that the crisis is being worsened by damaged infrastructure, limited electricity for water treatment, and restrictions on the import of purification supplies.

Health workers say they are fighting a preventable crisis. “The heat is unbearable, and people will drink whatever they can find,” one aid volunteer explained. “But in doing so, they are risking their lives.”

As the heatwave shows no sign of breaking, community leaders and aid groups are calling for urgent international assistance — not just to treat the sick, but to secure safe, reliable water before the situation escalates further.



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