Mr. Speaker, I have two questions for the member. I listened very carefully to what she had to say.
The first question is one which I posed previously. I would be grateful if the hon member would comment on the success of the country of Liberia taking the U.S. dollar as its own currency and giving up power over its economy and financial affairs. Does she consider that the economy of Liberia and the people of Liberia benefited from that experience?
Second, I wonder if the hon. member would comment on this. This is from today's issue of l'Actualité . It is an article by Professor Pierre Fortin, who is an economics professor at the Université du Québec à Montréal. I will read the last paragraph of the article:
Times have changed. To let the smallest change in world prices for our raw materials disrupt our currency is a notion that dates back to the 1970s and that we need to drop. Texas does not have a monetary policy distinct from that of Washington and that has not stopped it from prospering. Even Honduras does not let its currency vary according to the world price for bananas.
Would the member care to comment on Professor Fortin's article?