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Iceland considering switch to Canadian dollar | CTV News


Economics | 207656 hits | Mar 02 1:32 pm | Posted by: Robair
47 Comment

Will ongoing economic uncertainty about the eurozone push Iceland into the stable arms of the Canadian dollar? While the question may have seemed a loonie one only a decade ago, the idea has been gaining traction recently among Icelandic investors.

Comments

  1. by avatar Robair
    Fri Mar 02, 2012 10:36 pm
    First Iceland, then Turks and Caicos. Soon, entire WORLD will be loonie :twisted:

  2. by avatar raydan
    Fri Mar 02, 2012 10:43 pm
    Instead of our money, they should switch to our banking system.

  3. by avatar Brenda
    Fri Mar 02, 2012 10:54 pm
    Which country is next? Greece?

  4. by avatar sandorski
    Fri Mar 02, 2012 10:59 pm
    Not sure what advantage this would be for them. Seems to me that there is far more options by having One's own currency.

  5. by avatar DanSC
    Fri Mar 02, 2012 11:03 pm
    I'm not sure why sharing Arctic geology would matter, but using another's country's currency isn't that unusual. The U.S. dollar is the only official currency of Ecuador and El Salvador.

  6. by avatar martin14
    Sat Mar 03, 2012 1:32 am
    "Robair" said
    First Iceland, then Turks and Caicos. Soon, entire WORLD will be loonie :twisted:



    Wouldnt be a bad idea for us to spread out a bit.

  7. by avatar CDN_PATRIOT
    Sat Mar 03, 2012 1:35 am
    Today Iceland, tomorrow THE WORLD!!! :rock: :rock: :rock:


    -J.

  8. by avatar EyeBrock
    Sat Mar 03, 2012 5:01 am
    Iceland is (was maybe!) very expensive. Mega taxes. They would be better reviving the Kroner and linking it to the Can Dollar. Having other peoples money circulating in your country really is micky mouse.

  9. by avatar Scape
    Sat Mar 03, 2012 5:09 am
    Interesting. I wonder what Icelanders think of it.

  10. by avatar Yogi
    Sat Mar 03, 2012 5:52 am
    Why don't we just send all the C-bucks from Oilberta? Why, we so oil-filthy rich that we gonna start printing our own currency! :lol:

  11. by Thanos
    Sat Mar 03, 2012 6:04 am
    We don't have to give citizenship to Bjork do we? Because that'd be just too wierd and fucked up. 8O

  12. by avatar Yogi
    Sat Mar 03, 2012 6:10 am
    "Thanos" said
    We don't have to give citizenship to Bjork do we? Because that'd be just too wierd and fucked up. 8O



    If you mean Bjork the djork, nope!

    In the event that any of this comes into play, I'm proposing a new C-flag as well as a new provincial flag and currency.!cid__2_077DA320077DA0F8005FDD868725799C.jpg

  13. by avatar sandorski
    Sat Mar 03, 2012 7:43 am
    "Yogi" said
    We don't have to give citizenship to Bjork do we? Because that'd be just too wierd and fucked up. 8O



    If you mean Bjork the djork, nope!

    In the event that any of this comes into play, I'm proposing a new C-flag as well as a new provincial flag and currency.!cid__2_077DA320077DA0F8005FDD868725799C.jpg

    No.

  14. by avatar Brenda
    Sat Mar 03, 2012 3:26 pm
    What's wrong with Bjork? I think Canada has her own share of nutcases :D



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