Canada and China have signed a reciprocal currency deal that’s expected to dramatically boost exports, and bypass the use of USD.
The hub will foster far easier trade between the Canadian dollar and the Chinese yuan, also known as the renminbi. It makes Canada the first country in the Americas to have a deal to trade in the renminbi.
And we all thought that Canada was just another “American patsy/ pawn” eh?
How’s it goin eh?
Bravo Canada – Bravo!