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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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5 Things Every Canadian Should Know About Their Money Today

                                 


Thursday, May 7, 2026 · moneysavings.ca/canadian-money-brief

Good morning, Canada. Here are the five money stories shaping your financial decisions right now.

1. Ottawa Highlights Spring Economic Priorities

Finance Minister François‑Philippe Champagne continues a two‑day Toronto tour outlining the government’s push for a more resilient, independent Canadian economy, with discussions focused on financial crime, payment modernization, and geopolitical risks. 

2. Inflation Pressures Persist for Households

Recent economic commentary warns Canadians to expect higher grocery, fuel, and travel costs, adding an estimated $400–$600 to the annual food budget for a family of four. Rising shipping and transport costs remain key drivers. 

3. Housing Market Stagnates in Major Cities

Vancouver and Toronto continue to see flat or declining home prices due to high living costs, elevated inventory, and uncertainty around future rate cuts. Mortgage renewals remain painful, with many households facing $500–$800 higher monthly payments. 

4. Canada’s Trade Balance Swings Back Into Surplus

March data shows a C$1.78B trade surplus, reversing a previous deficit as exports climbed to C$72.77B while imports eased to C$70.99B. This marks a notable improvement in Canada’s external position. 

5. Business Activity Rebounds Sharply

The April Ivey PMI jumped to 57.7, signaling renewed economic expansion after months of contraction. Services and composite PMIs also improved, suggesting early signs of stabilization across sectors.

This article is for informational purposes only and does not constitute financial advice. Always consult a licensed financial advisor before making investment or mortgage decisions.

© 2026 MoneySavings.ca · Canadian Money Brief

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