This is very important indeed and it seems to have been rewarded in financial markets. Accession to the EU Let me now turn to the future relationship between the European regions, more specifically to the intended enlargement of the European Union towards the East. Many years ago, fathers in the United States would tell their sons to go West in search of fortune.
I’m delighted to be in Kelowna to deliver my first public speech as deputy governor of the Bank of Canada. As you heard in the introduction, I used to be a business school professor, so I am especially happy to be back among a group of business professionals, students and former colleagues.