That's an excellent question. Last November, you invited us to talk about the strength of the dollar and the manufacturing sector. Mr. Roger Martin, from the Institute for Competitiveness and Prosperity in Ontario, an expert in competitiveness, said the same thing I did. Manufacturing companies, including those in Quebec, have not invested given the economic environment. The dollar is all over the place; it jumps, it fluctuates. That is not a healthy environment for planning and forecasting with a view to making investment decisions. No one knows where the dollar is heading. Seriously, if you put yourself in the shoes of a multinational corporation that wants to export most of its products to the United States, parity of the dollar makes you lose a significant competitive advantage.
On March 10th, 2008. See this statement in context.