In short, the success of these discussions is critical for sustainable medium-term, global growth. Canada brings to the table one of the soundest financial systems in the world and a macroeconomic strategy that contributes to sustainable and balanced global growth. Our economy is among the most open, and our policy response to the crisis has been one of the most aggressive.
We also have a long experience with floating exchange rates and a deep understanding of how to best manage domestic policies in that environment. 15  part-time, unpaid basis, while remaining a senior official of the Bank of Canada. J. Powell, A History of the Canadian Dollar (Ottawa: Bank of Canada, 2005): 65.