Canada’s business leaders are more confident than they have been with respect to the value of the Canadian dollars vs. the U.S. dollar, foreseeing the loonie as worth U.S. $ .71 a year from now. Support for ultimately adopting the U.S. dollar is strong but ebbing even while business leaders forecast that two-fifths of firms operating in Canada will do their planning in American dollars within the decade. The Governor of the Bank of Canada earns a high performance score for his handling of currency issues while the cabinet does not. These are the key findings from the Canadian Chamber of Commerce sponsored Financial Post/COMPAS weekly survey of business leaders and CEOs.

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