The CAD vs USD exchange rate has been on the move over the past few months, to the detriment of the loonie. After rising into year-end to finish 2023 at about 75½ cents, the CAD has fallen close to 72½ cents. That has the CAD trading near the lower end of its recent range. Ah, remember the days when the loonie was on par with the U.S. dollar? Disney trips felt cheap, cross border shopping was all the rage and oil carried an average price of $96/bbl.

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