The loonie is at its lowest level in four years, trading below 72 cents against the U.S. dollar. Here’s how you can protect your investments… and even make a profit. First, consider investing in Canadian companies that thrive when the loonie is weak. For example, exporters, including energy companies, see their products become more affordable for foreign buyers. Additionally, tourism businesses are likely to attract more visitors from abroad. On the flip side, you might want to hold off on buying U.S. stocks for now, as they'll be pricier with the current exchange rate. But if you already have investments in U.S.-based securities, you could enjoy higher returns when you convert back to Canadian dollars. Lastly, if you’re looking to protect your money from a falling loonie, consider investing in "hedged" exchange-traded funds or mutual funds. These funds use financial strategies to shield your investments from currency changes, so when the loonie drops, a hedged fund adjusts to keep your returns more stable.