Will the Canadian Dollar Strengthen or Weaken in 2025? Key Economic and Political Factors to Watch

Over the last decade, the Canadian dollar (CAD) has been on a steady decline against the U.S. dollar (USD). On February 3, 2025, CAD dropped to just 67 cents USD, marking its lowest point since 2003. This drop coincided with the resignation of Prime Minister Justin Trudeau and was further exacerbated by the announcement of Continue reading