Mr. Speaker, in 1990 the current finance minister said that he would “manage the decline of the Canadian dollar so that it settles at its true value of between 78 cents and 81 cents U.S.” Since 1993 the finance minister has managed the decline of the Canadian dollar to 63 cents.
Does the finance minister still believe that the dollar's true value should be in the 80 cent range? If so, what is he doing to get it there?