MJ Martin (27 Nov 2007)
"Jarislowsky says(Billionaire to Canada: Time for amero is now)"


Consider a continental currency, Jarislowsky says(Billionaire to Canada: Time for amero is now)
http://www.theglobeandmail.com/servlet/story/LAC.20071123.RDOLLAR23/TPStory/?query=%22Steven+Chase%22 ^
 

OTTAWA -- Canada should replace its dollar with a North American currency, or peg it to the U.S. greenback, to avoid the exchange rate shifts the loonie has experienced, renowned money manager Stephen Jarislowsky told a parliamentary committee yesterday.

"In a country like Canada we cannot permit ourselves to have a dollar that goes through these kind of gyrations," Mr. Jarislowsky told MPs on the Commons finance committee. " I think we have to really seriously start thinking of the model of a continental currency just like Europe."
 

(Excerpt) Read more at theglobeandmail.com ...

 

With the current exchange rate we may all want to convert to Canadian dollars.