Mr. Speaker, strangely enough, some supporters of the No side are still questioning the right of a sovereign Quebec to use the Canadian dollar. The decision as to which currency can be used as legal tender on a sovereign country's territory can only be made by that country. Even the United States has no control over transactions made in U.S. dollars outside its borders. It must also be understood that if
Quebecers stop using the Canadian dollar, this will have a very negative effect on its value.
As for the monetary policy, Mr. Johnson must be the only one who thinks that it is controlled by Parliament, as he stated yesterday. In Canada as in most industrialized countries, the central bank must be independent from the political powers in order to ensure its immunity from political influence and vagaries.