Canada Hints Russia, China to Shun U.S. Dollar

Wednesday, 23 Dec 2009 12:17 PM
By: Dan Weil

Russian and Chinese officials have been warning for months that they plan to diversify away from the U.S. dollar.

And Canadian Finance Minister Jim Flaherty says his country may be a beneficiary.

“It does not surprise me that China and Russia would take greater positions in the Canadian dollar than they have previously,â€