AI says:
Over the past year, the U.S. Dollar (USD) has actually weakened against the Canadian Dollar (CAD). While the USD is still the stronger currency overall, its lead has narrowed significantly since early 2025.
In February 2025, the exchange rate peaked at roughly $1.45 CAD, meaning the Canadian dollar was worth only about $0.69 USD. Today, it sits closer to $1.37 CAD ($0.73 USD).
If you were looking at this a year ago, the Canadian dollar was in a much deeper hole. While the CAD hasn't "surged," it has clawed back about 6% of its value from the 2025 lows, making U.S. travel and goods slightly less painful for Canadians than they were last spring.
AI says:
Over the past year, the U.S. Dollar (USD) has actually weakened against the Canadian Dollar (CAD). While the USD is still the stronger currency overall, its lead has narrowed significantly since early 2025.
In February 2025, the exchange rate peaked at roughly $1.45 CAD, meaning the Canadian dollar was worth only about $0.69 USD. Today, it sits closer to $1.37 CAD ($0.73 USD).
If you were looking at this a year ago, the Canadian dollar was in a much deeper hole. While the CAD hasn't "surged," it has clawed back about 6% of its value from the 2025 lows, making U.S. travel and goods slightly less painful for Canadians than they were last spring.