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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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U.S. Withdraws Canada’s Invite to Global Peace Council

 

Canadian Prime Minister Mark Carney angered the US when he openly decried powerful nations using economic integration as weapons and tariffs as leverage the World Economic Forum.


A recent decision from President Donald Trump has shifted the tone of North American diplomacy. The White House confirmed that the United States has revoked Canada’s invitation to join the newly formed Board of Peace, an international body intended to coordinate conflict‑prevention strategies and promote global stability.

According to statements from U.S. officials, the change stems from what they described as “strategic reassessments” of the board’s membership criteria. No specific concerns about Canada were publicly detailed, though the administration emphasized that the board’s structure “remains flexible” and could evolve in the future.

Canadian officials responded with measured restraint, noting that the country remains committed to international peace efforts regardless of formal membership in any single initiative. Analysts have pointed out that the move may introduce new diplomatic friction between the two long‑standing allies, though the broader implications remain uncertain.

The Board of Peace is expected to convene its inaugural session later this year, with participating nations focusing on conflict mediation, humanitarian coordination, and long‑term global security planning.


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