So it is very important that we also harmonize regulatory standards at home. While most of the regulatory integration issues I have spoken about tonight apply to labour and capital markets as well as markets for goods and services, I want to make a couple of points specifically related to further integration in labour and capital markets.
Labour market integration would be greatly aided if Canada and the United States had procedures in place - procedures that were rapid, simple, and inexpensive - to grant work permits allowing citizens of either country to cross the border to take up jobs.