Is Iceland loonie to start using Canada’s currency?

National Post Thursday 15th March, 2012

What's wrong with the Icelandic kroner? To quote University of Iceland Economist Arsaell Valfells, "the Icelandic krona is history." While the U.S. government was drawing up bank bailouts in 2008, Iceland's three largest banks just straight-up collapsed. In proportion to Iceland's small population of 300,000, it was the largest banking collapse in ...

Read more

Share this article:
Back to Toronto Telegraph

Comments

  • No comments yet for this story

    • Have your say

    • By submitting your comment you agree to our terms and conditions

    Featured Story

    Smallest known plant-eating dinosaur found in Canada

    A team of paleontologists from the University of Toronto, Royal Ontario Museum, Cleveland Museum of Natural History and University of Calgary have identified a new dinosaur, the smallest plant-eating dinosaur ...

    Record Your Vote

    Do you take the threat of North Korea seriously?

    View results

    On Facebook

    Reported in the press

    Nothing will ever completely replace playing the game I love, however I feel like I'm starting a new adventure and I'm genuinely excited about what lies ahead. I'm fortunate to have been given many opportunities throughout my career and now I feel it's my time to give back.

    David Beckham

    The world's best known footballer was speaking after formally announcing his retirement.