Original source: https://www.exchange-rates.org/exchange-rate-history/usd-cad-2026

Local snapshot (archived 2026-07-03): full-page PDF committed at sources/military/_archive/usd-cad-exchange-rate-2026/usd-cad-exchange-rate-2026.pdf.

USD/CAD exchange rate (for converting SIPRI USD figures to CAD)

• Spot on 2026-07-03: 1 USD = 1.4205 CAD.
• 2026 year-to-date average: 1 USD = 1.3777 CAD.
• 2026 high: 1.4235 CAD.

Decision for this dataset

Use 1 USD = 1.37 CAD as the stated working rate (round, conservative, close to the YTD average). This is the round number the team-lead brief suggested and it understates CAD, which makes the shock comparison harder to attack (using the higher 1.42 spot would inflate every CAD figure ~4%). Every CAD figure below is USD figure x 1.37. If a fact-checker prefers spot (1.42), multiply the CAD figures by 1.42/1.37 = 1.036 — it does not change any conclusion.