Thank you, Mr. Chairman.
Mr. Hattin, you made an interesting comment about the value of the dollar in your submission. Everywhere we went, people were talking about the very rapid rise in the Canadian dollar and the fact that this has created major problems from a competitiveness standpoint. Most businesses had been guaranteed that the inherent value of the insurance policies that they had acquired would remain relatively stable. However, contracts are now ending and most of these companies find themselves face to face with the reality of the rising dollar.
I'd like you to elaborate further on the following statement that you made: “Government can provide off-sets to domestic manufacturers equivalent to the amount being subsidized by the manipulated currency”. Are you referring perhaps to China's currency? Could you explain that statement further to me?