As a very wise member of this forum has said often: "play stupid games, win stupid prizes." The fundamental foundation of a stable monetary system is trust. It doesn't matter what the currency is backed by, if there is no faith and trust in the system, it will develop cracks and fail. Even worse for Canada, this mistrust was caused by direct government influence and could take decades to recover from. They can try to unfreeze all they want to, but the trust is broken and that is a mountain of a problem to overcome.