The strong links between our two countries are also reflected in the close working relationship between the Bank of Canada and the Bank of France. Since becoming Governor of the Bank of Canada last year, I have been pleased to continue this relationship. I am happy to be working once again with Jean-Claude Trichet, the Governor of the Bank of France.
Bank of Canada staff regularly attend the annual seminars hosted by the Bank of France. And I hope we will continue to strengthen the working relationship between our two institutions. Over the years, both Canada and France have had to make decisions about the framework guiding monetary policy. The authorities in the two countries have made choices that reflect the differences in our economies.