The Canadian Dollar is Collapsing – Here’s What to Expect Next

The worst-case scenario for Canada is President Trump announcing the USMCA exit on the same day he announces a completed bilateral deal with Mexico;

Conservative Tree House ——Bio and Archives--July 1, 2026

Cover Story | CFP Comments | Reader Friendly | Subscribe | Email Us

The Canadian dollar is starting to feel the effects of long-term uncertainty. It will get worse.

...”Since the start of June, the currency has weakened 2.9%, which would be its steepest monthly decline since October 2024, as Canadian bond yields fell further below U.S. yields.”… {source}

Reuters is reporting that tomorrow the U.S. will formally declare a “non-extension” of the USMCA trade agreement

Now, this is where you really need to pay attention to details. Remember, the U.K and EU have a vested interest in protecting Canada from economic collapse.

President Trump doesn’t want immediate collapse either--because Xi will move in fast--but Trump is not going to provide the same financial and economic lifelines that the other four-eyes will trigger.

Reuters is reporting that tomorrow the U.S. will formally declare a “non-extension” of the USMCA........

© Canada Free Press