Canadian Dollar continues to fall as Loonie activity decreases.
The Canadian dollar saw a significant drop on Tuesday. New home prices in Canada unexpectedly decreased in August. Various sectors of the Canadian economy are grappling with ongoing difficulties, particularly due to tariffs. The Canadian dollar (CAD) fell further on Tuesday, losing ground against the US dollar (USD) as buyers pulled back. This marks a […]
Canadian Dollar drops to nearly 1.3850 due to uncertainty over trade agreement
The USD/CAD exchange rate is expected to reach around 1.3855 in early Asian trading on Wednesday. Weak economic indicators from Canada, along with ongoing tariff uncertainties, are putting pressure on the Canadian dollar. Recent data shows that U.S. employment growth was significantly lower in the year leading up to March than previously estimated. On Wednesday […]
Canadian PM Carney takes a jab at Trump at TIFF with a nod to John Candy
Mark Carney Critiques Trump at TIFF During a speech at the 2025 Toronto International Film Festival (TIFF), Canadian Prime Minister Mark Carney took aim at President Donald Trump. This notable address coincided with the world premiere of the documentary “John Candy: I Like Me,” which honors the life of the iconic Canadian comedian. Carney, before […]
Canadian Dollar weakens amid renewed risk aversion
The Canadian dollar decreased against the US dollar on Tuesday. After the holiday weekend, the US market opened with a clear risk-averse sentiment. New PMI data from both the US and Canadian markets highlighted rising concerns over tariffs. On Tuesday, the Canadian Dollar (CAD) experienced a notable decline against the US Dollar (USD), sliding to […]
Canadian Dollar ends winning streak on competing market holiday Monday
The Canadian Dollar took a dip against the US Dollar on Monday. Both Canadian and US markets are facing down times due to the long weekend holidays. September kicks off with a hint of potential, but it’s fading fast. The Canadian Dollar (CAD) slipped against the US Dollar (USD) on Monday, dipping just under 1%. […]
Canadian Charged for Two Decades of Illegal Voting in North Carolina
Charges Filed Against Canadian Citizens for Illegal Voting in North Carolina This week, a judge in North Carolina has filed charges against Canadian citizens related to their involvement in the 2022 and 2024 elections by registering and voting. The accusations involve felony charges which could lead to prison time if convicted. According to the indictment […]
Canadian Dollar continues to rise as positive market sentiment recovers
The Canadian dollar saw an increase on Wednesday, gaining strength as the US dollar struggled. Global market sentiment appears to be leaning bullish, with anti-currency movements becoming more pronounced. Canada’s GDP report set for Friday may be overshadowed by the upcoming US PCE inflation figures. On Wednesday, the Canadian dollar (CAD) moved higher, boosted by […]
Canadian banks to avoid severe tariff impacts in recent earnings report
Canadian Banks Anticipate Lower Loan Losses TORONTO – Major Canadian banks are likely to reduce their loan loss provisions for the third quarter, as the impact of US tariffs appears to be less severe than initially feared. Data from LSEG indicates that the Big Six banks are projected to report approximately $5.22 billion in loan […]
Canadian Dollar rises close to 1.3900 before Powell’s Jackson Hole address.
The USD/CAD pair dipped to around 1.3905 during early Asian trading on Friday. Unexpected results from the US S&P Global Manufacturing PMI for August were released. A rebound in crude oil prices is expected to bolster the commodity-linked CAD. On Friday morning in Asia, the USD/CAD currency pair halted a three-day winning streak, falling to […]
Canadian woman Gail Lane restores her vision using a tooth in her eye socket
Eyes and teeth… eyes? A Canadian woman has seen a partial restoration of her vision after undergoing an unusual surgery that involved implanting her teeth into her left eye socket. Seventy-five-year-old Gail Lane is one of three Canadians to receive this rare procedure, informally referred to as dental eye surgery. She lost her sight about […]