And most Americans will not even recognize that this is another step towards the ultimate devaluation of the US dollar.
In order to finish the USD off, alternatives must be found as reserve currencies first. A reserve currency must be both liquid and stable. The USD has plenty of liquidity (what with all the money that the Fed is creating), but it sure isn’t stable any more.
saving my loonies and twonies...
It makes good economic sense. Canada is a strong commodities exporter (especially oil) and will continue to be so. Our USA no longer has an adequate manufacturing base (US-”based,” foreign soil production properly disregarded here), and our US economy is declining rapidly with a US dollar that is unnaturally high in this globalist economy.
And Canada should continue to get good world market prices for its commodities exports, even as parts of Asia continue to increase production of useful things.