Whereas the distribution of euro notes and coins was spread over three months, legacy currencies were returned for the most part in a matter of weeks, causing serious bottlenecks at bank and cash-transport company warehouses and giving rise to very long delays in sorting and counting coins in particular and thus in crediting traders' accounts at commercial banks and the latter's accounts at central banks.

These derogations enable NCBs to apply the method of "cutting off the tail".

The resulting draft agreement provides for : - immediate elimination of all discrimination in the spirits sector; - elimination of almost all listing and distribution discrimination in the wine sector; - elimination fo discriminatory mark-ups in the wine sector immediately in five provinces, and over seven years for all other provinces except for the +/- 1% of Canadian wine which is made wholly from Canadian grapes, where the phase-out will take ten years; - national treatment (which means provincial treatment) regarding access to beer listings; - a letter specifying a Canadian commitment to eliminate beer mark- ups when the province ...[+++]s have eliminated their internal barriers to beer trade.

Mr. Mintz: It would probably be log normal or a cradle distribution, where you have a very large tail. I am giving you the technical terms.

The real question is what the tails of that distribution look like.