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Other strategies the BTMM alluded to in order to maximize the potential of the Plan Nord project for Montreal included putting in place an encouraging business model for natural resources, improve training programs to meet developmental needs, maximize linkage in the value chain, both upstream and downstream and to highlight the benefits and qualities of natural resources.
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This linkage between the results (value) and the efforts is the force driving everything else within the company, enabled by the creation of sufficient organizational freedom to enable the employee to be able to fulfill this promise.
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We think the Fed underestimates this linkage, in part by using the trade-weighted value of the dollar rather than the absolute value (the trade-weighted dollar mixes together changes in the dollar with changes in the value of foreign currencies).
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