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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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Perilous Deliveries: Gaza Aid Drivers Risk Lives Amid Chaos and Desperation

 


                                                    Palestinians struggle to get food and humanitarian aid from
                                                    the back of a truck as it moves along the Morag corridor near Rafah


Gaza's Aid Lifeline Under Siege

As Gaza plunges deeper into humanitarian crisis, aid truck drivers are facing unprecedented dangers while attempting to deliver life-saving supplies. With hunger intensifying across the region, desperate civilians and armed gangs have turned aid convoys into battlegrounds.

Chaos on the Roads

  • Drivers report being overwhelmed by crowds who rip boxes off moving trucks.
  • Armed gangs hijack vehicles, reselling aid at exorbitant prices in local markets.
  • Israeli troops have fired into chaotic scenes, adding to the peril.

Deadly Consequences

  • Several drivers have been killed in the mayhem.
  • The breakdown of law and order, exacerbated by the disbandment of Hamas-run police, has left convoys vulnerable to looting and violence.

Aid Blocked Before It Reaches the Needy

  • Convoys often fail to reach distribution centers, especially in northern Gaza, where famine looms.
  • Airdrops and sea routes have been attempted, but they fall short of meeting the population’s needs.

A System on the Brink Despite international pressure prompting Israel to allow more aid into Gaza, the journey from border crossings to those in need remains fraught with danger. Aid workers and drivers alike warn that without secure delivery mechanisms, relief efforts may collapse entirely.


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