“For us Canadians, it’s a double whammy,” Cedrone said, pointing to a loonie that trades for roughly 69 American cents, on top of rising maintenance costs.
“In Canadian dollars, last week I paid $18 for 18 eggs,” Cedrone said.
“We love this place. But it came to a point now — we are in our 70s — and it’s cheaper for me to come here two months and rent.”
Canadians made up nearly one-quarter of foreign sellers in Florida between April 2023 and March 2024 versus 11 per cent in the same period a year earlier, according to a National Realtors Association report.
The loonie did not “tank”. it’s around 69 cents on the dollar, just like it has been for about 2 months.
https://wise.com/gb/currency-converter/cad-to-usd-rate/history
More horseshit reporting from CTV looking for rageclicks. They’d sell their children, I swear.