Canadian Dollar Weakness to Persist Into 2025, Expert Says

A magnifying glass enlarges the holographic image of Parliament Hill's Peace Tower on a $20 bill issued by the Bank of Canada, shown in a display case at the Bank of Canada Museum in Ottawa, on Sept. 4, 2024. The Canadian Press/Justin Tang

The Canadian dollar will remain weak through at least the end of this year, some experts say, though a rebound could come in 2025.

After falling to a four-year low last week, the loonie was up slightly Monday at 71.18 cents US. But it still remains lower than it has been since the early days of the COVID-19 pandemic, and is nearly four percent below where it was trading in September.