La première fois que je me suis présenté devant le comité, c'était à l'automne, il y a environ deux ans, et nous avions brièvement discuté de cette question mais nous n'avons certainement rien vu depuis lors, pendant le déroulement de la crise, qui modifie notre opinion que le Canada est bien servi par cette double politique de taux de change flottants et de cible sur l'inflation.
I recognize that you've done some of the important research on the issue. The first time I came before this committee was in the fall, about two years ago, and we had a brief discussion of this issue at that time, but there's certainly nothing that we've seen through the intervening years, through the course of the crisis, that has lessened our view that Canada is well served by having the policy combination of a floating exchange rate and inflation targeting.
