Discussions

I agree. Just like the Euro has all those countries we should have like a North American Currency. Cuba convertible shares the US dollar. Why not Canada and Mexico all join and make a centralized currency.

I read something recently about this. Part of the reason is that there's a reluctance about adopting international currency because of the perception of eroding national identity and sovereignty.  
 
In the case of Europe, all members have representation formalized in the European Parliament, so no one country (theoretically) can dictate to other countries regarding economic and foreign policy. Unless we're forming a central government with the US and Mexico, it's very possible that the US, as the economic powerhouse of the three, could drive and direct policy. That's somewhat problematic. Now, there's debate on whether that would actually happen, but in general Canadians are uncomfortable with the US being able to call the shots.  
 
As for the US dollar and Euros being driving currencies, once gold ceased to be the standard against which currencies were measured initially the greenback was the measure due to the economic supremacy of the United States. That has changed, and the Euro is gaining traction. But the cost of visiting these places is more than a simple matter of valuing currency, but the actual cost of living can be significantly higher in those places compared to here. Contrast that to people in some other countries have very little income once converted to Canadian dollars even if they have reasonable quality of life where they were living.  
 
The value of the dollar isn't simply a matter of how "great" Canada is vs other places in the world, but is tied up in various economic factors, social and political ideologies, and the global trade network.

I use Canadian cash for stuff all the time. Like groceries, and paying my bills. But it's not much good for anything outside of our country. But neither is nearly any other countries money, apart from the local denomination, and the USD.  
 
On the plus side, our country kicks butt.

Keep in mind, when economics are involved. Alot of countries appreciate our lowered dollar value. It helps to drive our export sales. Which somehow improve our gdp. Thereby helping our country prosper more, by selling our natural resources at discounted rates. On things like electricity. Where you can see, the newly privatized Manitoba hydro company making pushes to dam up our rivers for increased output, in order to sell lots of power to over populated areas down south that aren't able to provide these services for themselves. But they've got money, that we don't see much of. Baseline. Because economics said it's a good idea. I wish the structure supported some factor for the effect we have on our environment. If it were the case, we could all be monetary millionaires. Rather than being so... Strong and free?  
 
Kind of a double edged sword.

Value of our money is reflected by what it can buy for us. The value of currency is mostly of interest only to money market investors or people who what to buy products from other countries or travel to other countries and spend it. "Performance" of money has nothing to do with national economy, not sure what the comment really is reflecting on. A lowered Canadian dollar is good for our exports, not great for importing, which to my mind is just fine. But that's because I like to spend and travel at home I guess.