Mr. Rob Wright:

There is no one rule in Canada. We have had very strong bank governors come up through the system in the Bank of Canada. A former Deputy Minister of Finance, David Dodge, become Governor of the Bank of Canada. My associate, a former Deputy Minister of Finance, Mark Carney, become Governor of the Bank of Canada and now he is Governor of the Bank of England. Our experience has been that there is not a natural conduit through the Department of Finance. Probably more than half of the governors in recent history have come from within the central bank, but it is something that is not an unhelpful experience in a Department of Finance. However, it should not be a "crown princing", I would think.