The Canadian economy is alive and well and will continue to grow. This will be near-term positive for the Canadian dollar.

I view the growing diversity as a positive situation. Our graduates will be competing in a global economy and having to deal with people and languages from all over the world.

As the economy is generally positive, we see a pretty gradual strengthening in the Canadian dollar.

Fortunately, this happened in a strong economy, ... But I don't think anyone would say it will be positive.

The economy is strong enough to keep corporate earnings growing, but not so strong that inflation will be a major factor.

With the expectation that (fiscal year 2006) will be a year of 'spend' before the positive impacts are felt during (fiscal year 2007), we believe investors now have some time to wait.