Like my predecessors, I will not offer a running commentary on the Canadian dollar, where it is and where it should be. I would say though that the EDC forecast is run through a process that I very much respect and find helpful, a very wide-ranging analysis that gives us that kind of prediction that exports really are gathering momentum. That's a very good thing for Canada. The quote that you offer, which is that a softer loonie will help, is a very marginal kind of addition.
In fact if you talked to a company, they'd pretty quickly tell you that their contract is with a foreign, say U.S., buyer. It's a U.S.-dollar contract. If the Canadian dollar moves during that contract, exports don't change, and the price that the person in the U.S. pays doesn't change. The only thing that changes is how much money the company gets. So it affects the profit margin.