Yes, the global geography of trade and economic power is changing in such a way that it may not return to what it was before. Yes, Canada is next to the U.S., and as such, it has had a very deep commercial relationship with the U.S., and as Ms. Campbell just explained, it remains a very significant relationship for Canadian exporters. However, if Canadian exporters are going to succeed, yes, Canada has to diversify its markets, particularly toward emerging economies that are the most dynamic and are most likely to remain the most dynamic in the future. That presents very much of a challenge to how Canadian businesses are structured. I observe a certain culture in Canada; it needs to become much more global.
On May 13th, 2014. See this statement in context.