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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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Tragic Tour Bus Rollover in Upstate New York Leaves Five Dead, Dozens Injured

                                            Multiple dead after tour bus rollover on New York highway

A summer trip from Niagara Falls to New York City turned deadly on Friday when a tour bus carrying 54 people lost control and rolled over on Interstate 90 near Pembroke, about 30 miles east of Buffalo.

According to New York State Police, the bus veered into the median at full speed before overcorrecting and flipping into a roadside ditch. No other vehicles were involved. Five passengers — none of them children — were killed, and every remaining passenger sustained some level of injury. Victims ranged in age from 1 to 74, with many ejected from the vehicle due to not wearing seatbelts.

Emergency crews, including multiple Mercy Flight helicopters, rushed to the scene. Hospitals across the region received patients, with several in critical condition. Most passengers were of Asian descent, including Chinese, Indian, and Filipino nationals.

Governor Kathy Hochul expressed condolences and confirmed her office is coordinating with state police and local officials to support rescue and recovery efforts. The cause of the crash remains under investigation, though mechanical failure and driver impairment have been ruled out.

The New York State Thruway was closed in both directions for hours, causing significant traffic delays during one of the final weekends of the summer travel season.

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