Below 70 Cents: Canada’s Dollar Drop Drives Up Everyday Costs
The Canadian dollar has just dipped below 70 cents US, hitting its weakest point in years. This slide will make everyday life more expensive. Anything bought from the United States—groceries, gas, and online shopping—will likely see rising costs. With everyday life set to become pricier and no quick fixes in sight, Canadians may need to brace for a bumpy financial ride—at least for the near future.