PM Harper is to announce direct transactions for Canadian firms with China without having to convert Cdn dollars and/or yuan into US $ first. US $ losing its cachet and clout as reserve currency. This will save Cdn firms billions in transaction costs. Watch for US currency to lose value shortly. Ike
http://fullcomment.nationalpost.com/2014/11/04/john-ivison-stephen-harper-to-announce-toronto-based-yuan-trading-hub-during-visit-to-china/