Chart 15: Real exports are expected to continue increasing Billions of chained 2007 dollars, quarterly data $ billions  $ billions  100  400  80  300  60  200  40  100  20  0  Services exports (left scale) Commodity exports (right scale) Non-commodity goods exports (right scale) Sources: Statistics Canada and Bank of Canada calculations and projections  21  Last observation: 2016Q2  L. Patterson, “Adjusting to the Fall in Commodity Prices: One Step at a Time” (speech to the Edmonton Chamber of Commerce, Edmonton, Alberta, 30 March 2016).
They enhance Europe’s significance and influence worldwide. Beyond its economic benefits, the euro indeed forges political bonds that have been repeatedly underestimated – not least by observers outside of Europe. The crisis put those ties to the test and the commitment to the euro area’s integrity was strongly reaffirmed.