The company's international exposure makes the company vulnerable to foreign currency exchange risk as the the dollar fluctuates in value relative to the Euro, the Canadian dollar, the British Pound, etc.. (wikinvest.com)
Otherwise, you're trying to protect yourself against some outlying risk of a US banking collapse, while subjecting yourself to a very real currency exchange risk. (money.stackexchange.com)
Trading Canadian securities also incurs currency exchange risk. (sapling.com)