Loonie Slides to 72.27 Cents U.S. as Trade Rift Deepens

OPPORTUNITY · Export Alberta · Currency

The Canadian dollar fell to 72.27 cents U.S. in Monday trading, down from 72.67 cents Friday, as the new tariffs, fresh U.S. threats on autos and steel, softer oil prices and a stronger U.S. dollar all leaned on the currency, BNN Bloomberg reports. Scotiabank’s Derek Holt noted CAD is the weakest-performing major against the U.S. dollar to start the week, though iA Financial Group’s chief economist argues the loonie is so heavily shorted that further downside is limited.

What it means: For exporters in tariff-exempt categories, the exchange rate is doing your discounting for you — U.S.-dollar buyers are getting Alberta goods meaningfully cheaper than they were this spring, which strengthens both renewal conversations and new-market pitches. The flip side is that U.S.-dollar inputs and freight cost more, so lock in pricing where your input exposure is low.