Nathan Cullen at the Finance Committee

On April 28th, 2015. See this statement in context.

April 28th, 2015 / 8:55 a.m.

NDP

Nathan Cullen NDP Skeena—Bulkley Valley, BC

Thank you very much, Chair.

Thank you, Governor, and thank you, Ms. Wilkins, for being here today.

Let's start with your favourite chart, Governor. You talk about an undeniable relationship between the price of oil and the Canadian dollar. Let's go back 40 or 50 years. Those within the energy sector say about $50 a barrel is the historical average. Is that your understanding from the bank?

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