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The Loonie Just Hit an 8-Week High — Here's What a Stronger Dollar Means for You

  August 11, 2026 Three weeks ago, we told you the Canadian dollar had crashed to a 14-month low . This week, it's doing the opposite: the loonie just touched its strongest level since June, and it's not a small bounce. If you shop online, travel south, or hold US stocks in your RRSP or TFSA, this move actually moves your numbers. What actually happened The Canadian dollar strengthened to about 1.393–1.394 per US dollar — roughly 71.7 to 71.8 US cents — its best level in eight weeks, according to Reuters and TradingEconomics data. That's a meaningful move: the loonie has gained close to 2% against the greenback since hitting 1.4248 on July 25, and it's up about 1.6% over the past month alone. THE TURNAROUND, IN THREE NUMBERS July 25 (14-month low) 1.4248 USD/CAD Today (8-week high) ~1.394 USD/CAD Move since July 25 Loonie up ~2.2% Two things are driving it. First, Friday's July jobs report blew past every forecast — the Canadian economy added 75,100 jobs against ...
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New Year's traditions: How do people celebrate the new year around the world?

 New Year’s Eve and New Year’s Day are celebrated in various ways around the world. Here are some interesting traditions:

  • In Spain, it is customary to eat 12 grapes at midnight, one for each stroke of the clock, to bring good luck for the coming year.
  • In Scotland, the New Year is celebrated with a festival called Hogmanay. People swing giant fireballs on poles and parade through the streets.
  • In Denmark, people throw plates and glasses against their friends’ and neighbors’ front doors to banish bad spirits and bring good luck.
  • In Ecuador, it is tradition to burn effigies of famous people to destroy bad “juju” from the past year and start fresh.
  • In Thailand, it was once tradition to fire guns to frighten off demons.
  • In China, firecrackers are used to rout the forces of darkness.
  • In the United States, many people watch the ball drop in New York’s Times Square to ring in the new year.
  • In Canada, people often gather with friends and family to enjoy a feast and watch fireworks displays.
  • In Japan, people celebrate the new year with a traditional meal called “osechi ryori” and visit temples and shrines to pray for good fortune.

These are just a few examples of how people around the world celebrate the new year. Happy New Year! 

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