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Canadian dollar falls for third straight week as higher gas prices scar consumers - Reuters

Canadian dollar falls for third straight week as higher gas prices scar consumers - Reuters

Canadian dollar falls for third straight week as higher gas prices scar consumers Reuters

May 22, 2026 at 06:54 PM Original source
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Notable Quotes

"The war-driven price shock is leaving a mark on Canadian consumers, who have otherwise held in there against elevated economic uncertainty and outright population declines."

— Shelly Kaushik , Academic

Key People

M
Mark CarneyPolitician

Mark Carney is the Prime Minister of Canada.

S
Shelly KaushikAcademic

Shelly Kaushik is a senior economist at BMO Capital Markets.

Locations

Toronto, Ontario, Canada Canada

Tags

bank of canada canadian dollar consumer impact consumers currency economy financial news gas prices oil prices retail sales

All Coverage

Canadian dollar falls for third straight week as higher gas prices scar consumers - Reuters
Reutersvia rss

<a href="https://news.google.com/rss/articles/CBMiuwFBVV95cUxQZGxwSzIzUjV2VElRT296enhycGFtLWtpR05rc084OUJZcWp6S1NpTk44WHdRN1JZVGdiTGJHU2xWLXNPeEtIV0NNNTRzczVDUUxpdXMtMWxNXzdLemdhRUdZbE12cFlLQW1pbDRSNDVhcFZhTjdrUjAySUpEMmtIX2ZVMVJKbE9naEMzNE1FQWtyNGYxUGxPd0N3V3JwbVJ2MDdoWWlRYVVqX0FWc3YwbWxVako2V2thN0sw?oc=5" target="_blank">Canadian dollar falls for third straight week as higher gas prices scar consumers</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

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Canadian dollar falls for third straight week as higher gas prices scar consumers
MarketScreenervia ai 1 quote 1 person

The Canadian dollar declined for the third consecutive week, influenced by rising gasoline prices and their impact on consumer behavior.

80%
CANADA FX DEBT-Canadian dollar falls for third straight week as higher gas prices scar consumers
MarketScreenervia ai

The Canadian dollar experienced its third consecutive weekly decline, attributed to escalating gasoline prices affecting consumer spending patterns.

80%

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