Finance committee  I agree with my two colleagues. It's difficult to quantify this. As I was saying, the important thing is to add another cog to the wheel in order to take advantage of great business development opportunities. I do, however, want to point out that we need significant support from

Finance committee  Yes, it may be possible.

Finance committee  I can give you one example. As I already mentioned, I had an opportunity to accompany Premier Couillard on an economic mission with a number of entrepreneurs. I have a very simple and concrete example for you. A company based in Drummondville, a small city in Quebec, manufactur

Finance committee  Strategically, the United States may have less interest than us in offering this. We agree on that point.

Finance committee  With the U.S. dollar currently dominating world trade, why would they add another currency? There's also the euro. The RMB is ranked fifth or sixth, but the percentage is very small. I think that, as the RMB's advantages become apparent, U.S. companies will start using it and wi

Finance committee  I know Mr. Zhu. I've heard him say that China is Canada's second-largest economic partner, but that Canada is a small market for China.

Finance committee  I think we are strategic. That's what I wanted to show by saying that our country has an excellent regulatory system. We came through the 2008 financial crisis. So we have significant advantages that put us in a good position to play a major role in this area. That much has been

Finance committee  I'm sorry, I don't have the information.

Finance committee  No.

Finance committee  I want to stress the fact that government support is crucial if we want to increase trade with China. The Prime Minister's trade mission was mentioned earlier. I myself accompanied the Premier of Quebec, Mr. Couillard, when he led an economic mission to China too. Government supp

Finance committee  No.

Finance committee  Mr. Dionne Labelle, that's not a derivative.

Finance committee  I hope this development will help increase the number of jobs, but I think we have to be realistic and say that, ultimately, this will more likely enable companies to provide more business opportunities and increase their volume. But I don't think the number of jobs will double a

Finance committee  If a derivative was created, it would be a derivative for Canada or to help Canadians who are trading in RMB. In that context, certain things must be known. A derivative or an option is also a means of protection. It's a way to manage risk. Bad things do happen when derivatives

Finance committee  To my knowledge, mainland China still doesn't use derivatives. As for Hong Kong, it is similar to what we have in terms of products.