Economists foresee dollarization

Article Abstract:

Bernard Landry, who is Quebec's Finance Minister, has said that he supports the use of the U.S. dollar as the official currency in Canada and Latin America. North and South American economists believe the U.S. dollar will contribute to stable economies.

Economists

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Move toward common currency speeds up

Article Abstract:

Canada's Societe Generale de Financement du Quebec, which is the government of Quebec's $1.8 billion investment fund, is pusing for monetary union in the Americas. The plan would make the U.S. dollar the common currency for Canada, the U.S. and Latin America.

Planning, Monetary unions, Dollar (Canada)

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Bank of Canada not seen following suit. No sign of imminent economic slowdown here, wachers say

Article Abstract:

The Bank of Canada is not expected to match the U.S. Federal Reserve Board's cut in interest rates as no sign of a slow down is currently predicted for Canada.

United States, Commercial Banks, Commercial Banking, Government regulation, International economic relations, Economics, Federal Reserve Banks, Monetary Authorities - Central Bank, Banking industry, Laws, regulations and rules, Finance, United States. Federal Reserve Board, Canada. Bank of Canada

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