Thank you, and welcome, Governor.
I'm from Alberta. There has been a view in the yesteryear, I think, that if oil prices came down, the dollar would come down with it, exports would increase, and we'd be back to the good old days. That has not happened.
There are strong indications that, regardless of the outcome in the U.S. election, the fed is probably going to increase interest rates in the United States. Maybe you have some information on this that is different from what we are led to believe, and if your monetary policy doesn't track that, the obvious result is going to be a lowering of the dollar.
I'd like you to make some general comments about where the dollar can go, based on some of the monetary policies we have little control over, before it becomes an issue in itself, relative to inflation.