Finance committee  The period of 2010 to 2014 has been very unusual in the oil industry in the sense that we had very high prices—about $105 per barrel, sometimes a bit more at $110 and sometimes a bit less—in terms of historical periods. We have to go back to the oil shock of 1979 before we hit th

Finance committee  I wanted to mention that the pulp and paper industry in Canada, which used to be a huge industry, is still decreasing. It will not bounce back in the near future, because there is a structural shift towards other ways to transmit information. Now, there has been a huge revival o

Finance committee  Thank you. I will just make a few brief comments. I would like to remind you what we mean by “Dutch disease”. It means that the increase in the development of one or more natural resources causes the exchange rate to go up, which leads to a relative decline in the manufacturing