"For 150 years, the rest of the world has shown scant interest in the Canadian dollar – the poor cousin to the coveted U.S. greenback.
But now tiny Iceland, still reeling from the aftershocks of the devastating collapse of its banks in 2008, is looking longingly to the loonie (Canadian dollar) as the salvation from wild economic gyrations and suffocating capital controls.
...if Iceland decided to adopt the Canadian dollar, with all its inherent risks, Canada was (is) ready to talk."