As I said earlier, a number of analysts in this country have recently been calling for fuller economic integration in North America - to be pursued through arrangements ranging from a customs union to some type of common market, and all the way to full economic and monetary union.
Of course, not everyone in Canada is convinced of the merits of fuller economic integration within North America. In fact, as you will probably hear later in this conference, many Canadians are concerned about the implications of such a move for our political sovereignty and policy independence. Once again, I am here as an economist.