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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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From Safe Bet to Risky Business: Rethinking Condos in Retirement

 

            The view southwest along Front Street from the new St. Lawrence market north building in downtown Toronto.


Is the Condo Still a Smart Retirement Investment?

Once hailed as a reliable stepping stone to retirement security, condominiums are now facing a wave of skepticism. In cities like Toronto and Vancouver, condo sales have plummeted, inventories have surged, and investor confidence is wavering. What happened to the dream?

The Market Reality

  • Oversupply: A flood of new units—over 31,000 expected in 2025 alone—has saturated the market, driving prices down and leaving many units unsold.
  • Weak Rental Yields: With rents sliding and vacancies rising, many condo owners are struggling to break even, let alone generate retirement income.
  • Investor Sentiment: A recent survey found that 30% of Canadians believe condos are no longer a good investment, and over half wouldn’t buy one at all.

Still a Place for Condos?

While the short-term outlook is grim, condos may still hold value for retirees who:

  • Plan to live in the unit long-term
  • Can afford to ride out market volatility
  • Prefer low-maintenance living in urban centers

However, for those banking on rental income or resale profits, the risks are mounting. Alternatives like apartment-focused REITs offer more stable returns and fewer headaches—no leaky pipes or midnight tenant calls.

Bottom Line

Condos aren’t the retirement golden ticket they once were. For today’s retirees, it’s time to rethink the strategy and consider more resilient, income-generating options. 


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