Find in Library

This article studies the Canadian monetary unification which took place from 1841 to 1867. It provides useful information to the European monetary situation. The goal consists to show how a specific political process to determine monetary rules allow the State to implement economic policies. Because of the latter, it enabled the development of sustainability determinants for the Canadian monetary unification, namely economic convergence and growth, fiscal transfer and labour mobility. Thus, we deduce the key characteristics to resolve and finance the economic and monetary union disequilibrium. The Development of a federal state, able to implement an expansionist fiscal policy, seems to the sine qua non condition.