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Globe and Mail: Canadian dollar nears three-week low as trade deal uncertainty lingers

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Updated:2026-02-24
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“The Canadian dollar remains on the defensive ​despite avoiding steep tariff increases in ⁠the Trump administration’s latest round,” Karl Schamotta, chief ⁠market strategist at Corpay Cross-Border Solutions, said in a note. “That likely reflects ​lingering uncertainty around USMCA negotiations, with traders braced for disruptive headlines even if the agreement ultimately survives.”

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