of banking and the general environment for industry; we are still talking about the old issue of whether we are allowed collectively to make some choices and determine which particular kinds of industries give us the best opportunities for niche participation in the global economy. That is what my talk is about today. The point I want to make is that, while it makes sense in the United States to worry about the general environment and let market forces take care of themselves, that is not sufficient in Canada. To understand why it is not sufficient in Canada, innovation has to be looked at a little more carefully and we have to realize that we Canadians have a particular problem. Trade policy is not in itself an industrial policy for Canada. It could conceivably be, in itself, an industrial policy for the United States because you have such a diversified industrial base here. You have representation in every aspect of industry, low, medium,