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Finance committee I do feel the responsibility to add that what you saw in the United States is net worth changed quickly. The value of their houses fell, the stock market fell, all of a sudden their network fell, but their debt didn't go away and that created a problem. You're right, but it doe
April 29th, 2014Committee meeting
Tiff Macklem
Finance committee We have done calculations from time to time. If you say the spread of WCS to WTI is $40, which would be a pretty big spread—it's a lot smaller than that now—you multiply that by the exports of oil, you can get a pretty big number, well into the billions. If the spread is narrower
April 29th, 2014Committee meeting
Tiff Macklem
Finance committee Thank you.
April 29th, 2014Committee meeting
Tiff Macklem