With  2  Canada's share of exports to the United States rose from 72.8 per cent in 1988 to a peak of 87.1 per cent in 2002, compared with 79 per cent in the first half of 2007.
Indeed, central banks no longer consider the existence of a market for inflation protection as a sign of mistrust in their ability to deliver price stability. Quite the contrary, they see it as completing the universe of financial securities and thereby expanding risk sharing in the economy and contributing to economic stability.