It's just the conversion costs. The Chinese buyer has to convert into U.S. dollars, and then someone has to convert into U.S. dollars. So it's just the conversion.
On February 19th, 2015. See this statement in context.
On February 19th, 2015. See this statement in context.
February 19th, 2015 / 10:05 a.m.
Senior Director, Economic, Financial and Tax Policy, Canadian Chamber of Commerce
It's just the conversion costs. The Chinese buyer has to convert into U.S. dollars, and then someone has to convert into U.S. dollars. So it's just the conversion.
See context to find out what was said next.