Thank you, Mr.
Speaker. Clearly, the rapidly unfolding events that have been happening around the world have had
an impact in the country. I indicated to Minister Flaherty just last week when he called that overall we anticipated a chilling effect in terms of credit, cost, the pressure on companies and the dropping of resources on the stock market. There is a whole host of areas where we anticipate there is going to be an impact.
The one good sign, I suppose, is going to be that the price of oil drops, even though we have already purchased our oil for the small communities. The price of oil is now down to $75 a barrel, I think it was today. But overall we are not going to be immune.