# Canada’s Dollar Finds New Strength In Surprise Growth Spurt - Finimize

> A stronger-than-expected Canadian GDP report and firmer oil prices helped the loonie post its best week since May, near 1.398 per US dollar. Markets also trimmed bets on further Bank of Canada easing, while the US dollar weakened on Fed-cut expectations.

- Date: 2025-11-28 · published 2025-11-28T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/22182-canada-s-dollar-finds-new-strength-in-surprise-growth-spurt-finimize
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A stronger loonie lowers the Canadian-dollar cost of USD-priced feed imports, while firmer oil supports energy-linked currency flows.

## Read by commodity

- WTI: bullish ▲
- USDCAD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2024-08-26 | [Canadian dollar strengthens to 5-month high as oil rallies](https://feedsoft.ai/events/29033-canadian-dollar-strengthens-to-5-month-high-as-oil-rallies.md) | -1.7% | -5.9% |
| WTI | 2019-06-26 | [Canadian Dollar to Rise Further, RBC Financial Model Shows](https://feedsoft.ai/events/58834-canadian-dollar-to-rise-further-rbc-financial-model-shows.md) | -2.8% | -3.1% |
| WTI | 2026-05-13 | [Peruvian sol resisted global U.S. dollar strength amid copper price surge \| News \| ANDINA - Peru News Agency](https://feedsoft.ai/events/19544-peruvian-sol-resisted-global-u-s-dollar-strength-amid-copper-price-surge-news.md) | +6.3% | -10.7% |
| WTI | 2023-08-31 | [FX Insights: Uptrend in Canadian Dollar \| Traders' Insight](https://feedsoft.ai/events/34815-fx-insights-uptrend-in-canadian-dollar-traders-insight.md) | +6.4% | +12.3% |
| WTI | 2022-06-30 | [Canadian dollar extends winning streak - Business & Finance - Business Recorder](https://feedsoft.ai/events/41176-canadian-dollar-extends-winning-streak-business-and-finance-business-recorder.md) | -6.3% | -11.5% |

## Sources

- finimize.com: https://finimize.com/content/canadas-dollar-finds-new-strength-in-surprise-growth-spurt

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.