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Iceland has been desperate to replace its krona with a more stable currency since its banking collapse of 2008.
But instead of the obvious choices — the American dollar, the British pound or the euro — it seems Icelanders are eyeing our loonie. According to an article in the Globe and Mail, several Icelandic business leaders and some political parties have actually approached the Canadian government about adopting the Canadian dollar as their national currency.
Originally posted by popsmayhem
Too cold to live in Canada or Iceland
Would Canada's currency
be worth more? Only benefit
I could see.
I would let them keep what they got.
Just in case.
Originally posted by badconduct
Originally posted by popsmayhem
Too cold to live in Canada or Iceland
Would Canada's currency
be worth more? Only benefit
I could see.
I would let them keep what they got.
Just in case.
Our currency is worth more than the USD at the moment.
The major benefit is our debt is smaller, and our currency has a better credit rating.