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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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Unmasking the Killer: Scientists Crack the Case Behind Sea Star Mass Deaths

 


Canadian scientists say they’ve finally identified what is likely causing giant colourful sea stars in the Pacific Northwest to literally waste away: It's bacterium from the same family that causes cholera in humans.


A Marine Mystery Finally Solved

For over a decade, the Pacific coastline has witnessed a haunting phenomenon: billions of sea stars vanishing in a wave of mass mortality. Once vibrant and abundant, these iconic echinoderms succumbed to a mysterious illness that left tide pools eerily empty and ecosystems disrupted. Now, scientists believe they’ve finally identified the culprit.

The Breakthrough Discovery

Researchers have traced the devastating die-off to a densovirus—a type of virus that infects invertebrates. This pathogen, known as Sea Star Associated Densovirus (SSaDV), causes Sea Star Wasting Syndrome (SSWS), a condition marked by lesions, limb loss, and rapid tissue decay. The virus spreads quickly in warm waters, and climate change may have amplified its impact by raising ocean temperatures and stressing sea star populations.

Climate Change: A Deadly Catalyst

While the virus itself is naturally occurring, scientists now suspect that rising sea temperatures and environmental stressors weakened sea stars’ immune defenses, allowing the virus to spread unchecked. The outbreak, which began around 2013, decimated over 20 species of sea stars along the Pacific coast—from Alaska to Mexico.

Why It Matters

Sea stars are keystone predators, playing a critical role in maintaining the balance of marine ecosystems. Their disappearance has led to cascading effects, including surges in mussel populations and shifts in biodiversity. Understanding the cause of SSWS is a major step toward protecting marine life and preparing for future outbreaks.

What’s Next

Scientists are now exploring ways to monitor and mitigate future viral outbreaks, including genetic studies and environmental interventions. The hope is that with better surveillance and climate action, sea stars might one day reclaim their place in the coastal tapestry.


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