dennilfloss
Past Lifer 1957-2014 In Memoriam
http://business.financialpost.com/2012/03/02/iceland-wants-the-loonie/
The Canadian ambassador to Iceland said, inappropriately according to some sources, some in Iceland are floating a proposal to adopt the loonie as their currency. Ottawa said it doesnt comment publicly on other countries currencies but they have not outright said no.
The loonie might work well for them, better than the Euro or American dollar. Canada has a very stable currency and economy, reasonable national debt that is being addressed in a responsible manner, and a well-regulated banking system that has weathered two major depressions admirably.
http://en.wikipedia.org/wiki/Banking_in_Canada
Of course this proposal might never see the light of day but it is a compliment to us Canadians. We may be dull with regard to economic matters, but as former Ontario premier Bill Davis said: "Dull works." :sneaky:
The Canadian ambassador to Iceland said, inappropriately according to some sources, some in Iceland are floating a proposal to adopt the loonie as their currency. Ottawa said it doesnt comment publicly on other countries currencies but they have not outright said no.
The loonie might work well for them, better than the Euro or American dollar. Canada has a very stable currency and economy, reasonable national debt that is being addressed in a responsible manner, and a well-regulated banking system that has weathered two major depressions admirably.
http://en.wikipedia.org/wiki/Banking_in_Canada
Of course this proposal might never see the light of day but it is a compliment to us Canadians. We may be dull with regard to economic matters, but as former Ontario premier Bill Davis said: "Dull works." :sneaky:
