Cramped by trade deficits and dollar shortages, most sterling area countries are hoping that something can be done to ease their troubles at the conference of Commonwealth Prime Ministers, which will be held in London in November. Canada, the only dollar nation in the Commonwealth bloc, seems more skeptical than hopeful. Preparing for the conference last week, Ottawa took the attitude of a rich cousin invited to a family reunion—sorry for the less fortunate relatives, wary lest they make an unwelcome touch.
Canada thinks that a close, critical look at the domestic policies of its Commonwealth cousins would show where a...
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