The Canadian Dollar is a major currency used in global financial markets. It is used as a form of investment for international investors, to buy and sell commodities, foreign stocks, bonds, and other financial instruments. It can also be used to finance international trade and to purchase goods and services from other countries. The Canadian Dollar is a valuable currency to invest in, as it can provide stability in times of market volatility. In addition, the currency is seen as a safe haven for investors due to its strong fundamentals, and is often used to hedge against other currencies.