 The Canadian ambassador to Iceland said that Iceland could adopt the currency; although Iceland ultimately decided not to move on with the proposal.Since 76.7% of Canada's exports go to the U.S., and 53.3% of imports into Canada come from the U.S., Canadians are interested in the value of their currency mainly against the U.S. dollar.Although domestic concerns arise when the dollar trades much lower than its U.S. counterpart, there is also concern among exporters when the dollar appreciates quickly.