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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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Relentless Winter Storm Unleashes Chaos Across California

          A car is buried in mud after a series of storms Thursday, Dec. 25, 2025, in Wrightwood, Calif.

A powerful winter storm sweeping across California has triggered widespread flooding, dangerous mudslides, and significant disruptions to daily life. The system, fueled by an atmospheric river, dumped several inches of rain in a matter of hours, overwhelming drainage systems and saturating already‑vulnerable hillsides.

Communities in Southern California were hit especially hard as rushing water inundated streets, stranded vehicles, and forced emergency crews into swift‑water rescues. In the foothill regions, mudslides tore through neighborhoods, damaging homes and prompting mandatory evacuations in areas scarred by recent wildfires.

State officials urged residents to remain alert as additional rainfall is expected to continue through the weekend. Meteorologists warn that even moderate showers could trigger further landslides due to unstable ground conditions.

Despite the challenges, emergency responders and local volunteers have mobilized quickly, setting up shelters and distributing supplies to displaced families. As the storm continues its path, Californians brace for more turbulent weather while hoping for a swift return to calmer conditions.


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