Thank you.
Most of the discussion has been on the value of the dollar. There have been some strategies that have been suggested to address the rise in the dollar. Most of those are focused on the accelerated capital cost allowance as well as the SR and ED program.
We have heard, however, from Mr. McCallum that he doesn't believe the government can do anything about the high dollar. I believe it was Mr. Lazar from the previous delegation who suggested there was a role the government could play in trying to reduce the value of the Canadian dollar. Mr. Jarislowsky, of course, has proposed that we either peg the dollar to the greenback, the U.S. dollar, or we actually go to a common North American currency.
The one person we haven't heard from is you, Mr. Stewart-Patterson. Could you give us your views on whether there is a role for the government to play in depressing the value of the dollar? If so, why, and how aggressively should the government do that?