In fact, this is a repetition of the worst course since April 2003. For more than a year following the stock market crash, the Canadian dollar has been steadily rising against the US dollar, hitting 1.2. However, when Biden and his administration came to power fully, as well as the start of rising oil and food prices, the Canadian dollar began to lose strength, indicating a definite downward trend. In reality, this has been going on for the past ten months, with just slight variations. With the current price of 1.2616, we may already see a drop to 1.29-1.3 in April. Furthermore, a correction to 1.27 or a continuation of the trend to 1.32 are also plausible outcomes.