Mr. Speaker, it is quite true that the global economic slowdown is causing pressures.
Let me tell the hon. member what is not weighing adversely and downward on the dollar. It is not our sound monetary policy. It is not our record pay down of debt. It is not our record tax cuts of $100 million.
Canada is very well positioned to deal with the current economic slowdown and to participate in the rebound that we know will come.