The Canadian dollar will remain weak through at least the end of this year, some experts say, though a rebound could come in 2025. After falling to a four-year low last week, the loonie was up slightly Monday at 71.

Katherine Judge with CIBC Capital Markets says the threat of tariffs will likely keep the Canadian dollar low for months, though she says it could rebound in the first part of 2025 if Canada is able to successfully negotiate with the Trump administration.

The price for almost all goods imported from the United States, from manufacturing supplies to fruits and vegetables will go up. But it's not all bad news.