Why is the Canadian dollar so terrible? | About That

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The Canadian dollar is now at its lowest point since the peak of the COVID-19 pandemic, and analysts predict it could fall below 70 cents US in the coming months. Andrew Chang explains why the dollar's value has fallen so much, and the impact it could have on everything from travel plans to interest rates to everyday purchases. »»» Subscribe to CBC News to watch more videos: Connect with CBC News Online: For breaking news, video, audio and in-depth coverage: Follow CBC News on TikTok: Follow CBC News on Twitter: Find CBC News on Facebook: Follow CBC News on Instagram: Subscribe to CBC News on Snapchat: Download the CBC News app for iOS: Download the CBC News app for Android: »»»»»»»»»»»»»»»»»» For more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.