Political and financial uncertainty pushed Canada’s dollar below $0.70 cents U.S. for the first time since March 2020. Anne Gaviola explains what’s driving the Canadian dollar’s nose dive, and the reaction to it.

From tariff threats to social media claims about Canadians wanting to join their southern neighbours, U.S. president-elect Donald Trump has talked a lot about Canada and Prime Minister Justin Trudeau ahead of his second term. Mackenzie Gray looks at what Trump is getting wrong about Canada’s relationship with the U.S.

Canadians are waiting to see how Trudeau will respond after several high-profile Liberals resigned from his cabinet, including former deputy prime minister and finance minister Chrystia Freeland. David Akin looks at how Trudeau is expected to shuffle his cabinet and why that could be challenging.

Plus, decades after being kicked out of the Canadian military because of her sexuality, Diane Pitre has been awarded one of Canada’s highest honours. Jeff Semple speaks with the former soldier about being appointed to the Order of Canada and what it means to her.

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31 thoughts on “Global National: Dec. 18, 2024 | Canadian dollar drops below 70 cents USD”
  1. If the dollar collapses don’t be fooled your debts doesn’t disappear, they add it back to the new currency or mode of barter. best advice get out of debt. make regular investments be debt free and financially stable

  2. Lets talk about wasting money: Canadian investors will move their money to American stock because of investor confidence in Trump and pessimism about Trudeau. Polievre will likely not be able to manage Trump. They will have to pay the Americans a tax for that. Thats alot of Canadian money going into American companies which may not come back here. Its not just the Canadian governemt hurting the economy. Its investors and the Trump government too.

  3. I’m definitely convinced Global TV is supported by Zionists. There’s absolutely no reporting of how Israeli illegal settlers have settled in south of Lebanon and Israel continue to act like the Nazis killing thousands of people in Gaza. Shame on your biased reporting Global TV.

  4. its funny the warning been out there for years be it the insane rate of are dept and no reasonable way of dealing with it the absolute size of the government and its cost the red tape and attack of the energy industry and media like bell global and the CBC who lied and propped him up for the last nine years to get there hand outs

  5. Canada the 51st State – OVER MY DEAD BODY, NOT IN 1 MILLION YEARS!

    Here are some facts about the War of 1812 – which we win:
    – The war was a result of several factors, including trade restrictions.
    – The war was fought in the United States, Canada, on the Great Lakes, and on the Atlantic.
    – Battle of Lundy's Lane in Niagara Falls, Ontario. This battle was bloody and inconclusive, but the British and Canadian were able to halt the American advance.
    – Washington, D.C. was captured and burned in August 1814.
    – The war ended with the signing of the Treaty of Ghent in 1814, which went into effect in 1815. The treaty largely returned the status quo, but left many of the most contentious questions unresolved.

    Canada is part of the Commonwealth and has a lot of friends all around the world
    – many more than the hated TRUMP.

  6. All the more reason to become the 51st State! I'd love to only have to pay 15% personal tax instead of 30%, my $1 will be worth a $1 and I can buy a house for $500k and Not $1 million!!! I can travel to tropical destinations without a passport and we'd have a Real Military. Need I say more???

  7. Happy to see that Global National keeps the public comments on. Not like the paid CBC propaganda machine. What CBC is doing to You Tube shows presently is disgusting and authoritarian.

  8. The American economy and the Mexican economy are not doing great either!
    (We're all tied to Trump and his threats!)
    Let him go and work with Mexico!
    Its all Trump paranoia!

  9. I never understood why some news channels and the Liberals kept touting Trudeau as best to go up against Trump. Trudeau upset Trump on the last go around and Trump doesn't forget. Just for good measure, Trudeau had to give his speech about Kamala. Trudeau is incompetent to lead Canada, he has no mandate to negotiate with Trump, and he is putting his own ego and self interest ahead of Canada. Disgraceful.

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