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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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"Believe you can and you're halfway there," by Theodore Roosevelt

 



Certainly! The quote, "Believe you can and you're halfway there," attributed to Theodore Roosevelt, is a powerful and inspirational message about the importance of self-belief and confidence. Here are some thoughts on this quote:

  1. 1. Positive Mindset: The quote emphasizes the significance of having a positive mindset and self-confidence. Believing in yourself and your abilities is the first step toward achieving your goals.


  3. 2. Motivation: This quote can serve as a source of motivation. It reminds us that our beliefs play a significant role in our success. When you believe in your capabilities, you're more likely to take action and persevere, even in the face of challenges.


  5. 3. Overcoming Doubt: Doubt and insecurity can often hold people back from pursuing their ambitions. This quote encourages individuals to push past their self-doubt and embrace the power of self-assurance.


  7. 4.. Self-Fulfilling Prophecy: The idea behind the quote is reminiscent of the concept of a self-fulfilling prophecy. If you believe you can achieve something, you're more likely to work towards it with determination and, in turn, increase the chances of success.


  9. 5. Halfway There: The quote implies that believing in oneself is not the only thing required to achieve a goal, but it's a critical first step. To reach your destination, you must take action, put in effort, and persist in the face of challenges. However, having the right mindset is often the catalyst for those actions.

Overall, this quote encourages a proactive and confident approach to pursuing one's goals and ambitions. It reminds us that our belief in ourselves can be a driving force that propels us toward success.








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