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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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Canada’s Measles Wake‑Up Call

Measles, once considered eliminated in Canada, is making an unsettling return. After years of low case numbers and strong vaccination coverage, public health officials are now confronting a resurgence that has spread across several provinces.

The rise in cases is tied to a combination of slipping immunization rates, pandemic‑related disruptions, and increased international travel. Measles is so contagious that even small gaps in vaccine coverage can open the door to rapid outbreaks. Health experts warn that if current trends continue, the country could face sustained transmission for the first time in decades.

Recent clusters in Ontario and Quebec have highlighted how quickly the virus can move through communities, especially in places where vaccination rates have dipped below recommended levels. Infants, immunocompromised individuals, and those who cannot be vaccinated remain the most vulnerable.

Public health authorities are urging Canadians to review their vaccination records and ensure they have received both doses of the MMR vaccine. They emphasize that strong community‑wide immunity is the only reliable barrier against measles’ return.

Canada’s experience serves as a reminder that eliminating a disease does not guarantee permanent victory. Without consistent vaccination and vigilance, even long‑defeated viruses can find their way back.


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