M. whereas there is evidence that the financial crisis was driven partly by new types of complex financial instrument and derivative placed, to a large extent, in funds domiciled in secrecy jurisdictions; whereas tax havens host, for example, complex financial products that cause financial instability, and many financial institutions had off-balance-sheet liabilities located in tax havens; whereas overall the financial crisis ha ...[+++]s shed new light on the consequences of a lack of good governance, highlighting the risks associated with opaque jurisdictions,

M. whereas there is evidence that the financial crisis was driven partly by new types of complex financial instrument and derivative placed, to a large extent, in funds domiciled in secrecy jurisdictions; whereas tax havens host, for example, complex financial products that cause financial instability, and many financial institutions had off-balance-sheet liabilities located in tax havens; whereas overall the financial crisis has ...[+++] shed new light on the consequences of a lack of good governance, highlighting the risks associated with opaque jurisdictions,

In rejecting the Treaty of Nice, the Irish people have actually blown away the smokescreen that hides the real issues, for instance, that Ireland was moving away from neutrality and towards gradual cooperation into NATO, a move that erodes Irish neutrality, and would mean involvement in the armament industry and the rapid reaction force.

Physical Change Upstream Drawdown -reduced littoral productivity -reduced littoral spawning success -reduced tributary access -reduced water quality Impoundment -reduced dissolved oxygen -settling of suspended sediment Downstream Reduced flow -reduced habitat quantity -altered water temperature Inadequate flushing flow -accumulation of fine sediments in gravel substrate -changes in stream morphology Increased flows -scouring of substrates -physical displacement of fish -destabilization of stream banks Rapid flow fluctuation -displacement and stranding of fish and exposure of eggs Flow diversion -disruption of fish homing to natal streams ...[+++] Altered temperature -altered habitat quality regime -altered benthic productivity Altered water quality -altered benthic productivity Elevated total gas -injury or death of fish due to gaspressure bubble disease The majority of B.C. Hydro projects were undertaken many years ago.

A willy-nilly drift into dollarization triggered by an unstable exchange rate would be enormously costly to the country.

Just to remind members of the committee, ever since the financial crisis, the G20 leaders have included in their work program for us to reform the market for over-the-counter derivatives and to make it more robust and less prone to causing instability in the financial markets.