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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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Trump Pushes Plan to Eliminate Mail-In Ballots and Voting Machines Before 2026 Midterms

 

                                            U.S. President Donald Trump 


President Donald Trump announced Monday that he intends to sign an executive order aimed at ending the use of mail-in ballots and what he called “seriously controversial” voting machines ahead of the 2026 midterm elections.

In a post on his Truth Social platform, Trump reiterated his long-standing opposition to mail-in voting, claiming without evidence that it enables widespread fraud. He also criticized voting machines as costly and unreliable, advocating instead for paper ballots with watermarks.

The move is expected to face significant legal challenges, as states traditionally control how elections are conducted. A similar order issued in March was partially blocked by a federal judge, who ruled that the president lacked authority to impose state election rules.

Democrats argue that mail-in voting expands access for elderly, disabled, and rural voters, and warn that eliminating it could disenfranchise millions. Trump, however, framed the proposal as a fight for “honesty” in elections, urging states to comply with federal directives.

If enacted, the order would mark one of the most sweeping federal interventions in U.S. election administration in decades, setting the stage for a high-stakes legal and political battle ahead of November 2026.

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