Very briefly, as Paul indicated, the normal daily flow through the Canadian foreign exchange market runs in the billions of dollars. So it takes a very large transaction to have an influence on those, and sometimes a large merger or acquisition could have such an influence. The important thing to note here is that the effect would typically be very temporary; once it passes through the market, it's then gone, as it's a flow. What we're typically more interested in are the continuing fundamental influences on the exchange rate.
