How did Canada, Australia and Europe react when the dollar left gold in 1971?

Research question: How did Canada, Australia, and Western European governments and central banks respond in parliamentary debates and official statements when the dollar stopped being convertible to gold in 1971?

The verified facts do not describe parliamentary debates or official statements by Canadian, Australian, or Western European governments or central banks after the dollar stopped being convertible to gold in 1971 ¹². They do record that the gold parity was abolished on 12 December 1971 and that the Smithsonian Agreement of 17/18 December 1971 set a new exchange-rate arrangement based on central rates ³. The only Western European detail is that the European Economic Community began a joint float against the US dollar in March 1973, replacing fixed rates with freely fluctuating ones ². The facts describe the general post-Bretton Woods context in which most currencies were floating, but they do not show how individual countries responded ¹.

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