We're looking at the transactions between Canada and a certain country: the flows reported to CRA and the flows with respect to electronic fund transfers with the real economic activity as measured by the GDP. We didn't look at two-way trade, but we could have looked at that. There's no commensurate link or proportionality between.... The flows of money are often disproportionate to the economic activity of countries. That's what we're saying.
On June 20th, 2019. See this statement in context.