Canadian Dollar Falls Below 70 Cents USD on Global National: Dec. 18, 2024

Canadian Dollar Falls Below 70 Cents USD on Global National: Dec. 18, 2024

Political and financial uncertainty have led to a significant drop in the value of the Canadian dollar, which has fallen below $0.70 USD for the first time since March 2020. Anne Gaviola delves into the factors behind this decline and explores the reactions to this troubling development.

Meanwhile, U.S. president-elect Donald Trump’s remarks about Canada and Prime Minister Justin Trudeau have stirred up controversy, with misinformation about the relationship between the two countries being spread. Mackenzie Gray examines the inaccuracies in Trump’s statements and the impact they may have on bilateral relations.

On the domestic front, Canadians are eagerly anticipating Prime Minister Trudeau’s response to the resignations of key Liberal figures from his cabinet, including former deputy prime minister and finance minister Chrystia Freeland. David Akin analyzes the potential cabinet reshuffle and the challenges that may arise as a result.

In a heartwarming story, Diane Pitre, a former Canadian military member who was discharged due to her sexuality, receives one of the country’s highest honors, the Order of Canada, decades later. Jeff Semple speaks with Pitre about the significance of this recognition and what it means to her after facing discrimination in the past.

For more updates and news stories, visit globalnews.ca/national/program/global-national.

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Video “Global National: Dec. 18, 2024 | Canadian dollar drops below 70 cents USD” was uploaded on 12/19/2024 to Youtube Channel Global News