Tradelines News

Get the latest news and updates on cross-border customs and international trade.

Yuan Hub Could Save Canadian Firms C$6.2 billion Over Decade, Report Says

Posted November 27, 2014

Under Economic Issues, International Trade Issues


A deal to set up Toronto as North America's first trading hub for China's yuan currency will save Canadian companies up to C$6.2 billion ($5.5 billion) over the next decade and boost trade and growth, Toronto-Dominion Bank (TD.TO: Quote) said on Wednesday. Read more here.