Thank you very much. I will be brief, because I am sharing my time with Mr. Mai, unless he finds the answer really interesting and allows Mr. Carney to continue speaking.
Please be brief, because I have two questions. Could you please provide an answer in two and a half or three minutes?
The Canadian dollar has appreciated significantly in comparison to the American dollar for the past decade. Its appreciation with respect to the euro has been less dramatic. I would like to know what the current trend is. Where is the Canadian dollar heading with respect to the currency of these emerging countries with whom we will eventually be dealing?
When you talk about the restructuring that will occur in the Canadian economy, what industries are most at risk and which ones could stand to gain, should the dollar follow the current trend, namely that there be neither a dramatic rise or fall?