despite the fact that a subsequent Transport Canada report which mention that the accident was caused by a pilot error and bad weather conditions, was later honored by then-governor general Adrienne Clarkson for bravery. In 2007 a commemorative plaque was unveiled at the La Baie Park for Boileau's daughter known as the festival's first volunteer and a tree was also planted on site in her honor in conjunction of the festival's 20th Anniversary which also honored the founder of the festival.

After that event, he never piloted a hot-air balloon and left his general manager spot of the Festival afterwards - some speculations were that the new city of Gatineau administration of Yves Ducharme tried to force him out of the job by offering a spot for the newto an increase in exports and an increase in output.

Three arguments have traditionally been given, however, against relying on exchange rate adjustment. The first is that, to the extent that domestic borrowers have borrowed in foreign currency, the depreciation has adverse effects on balance sheets, and leads to a decrease in domestic demand that may more than offset the increase in exports. The second is that much of the nominal depreciation may simply translate into higher inflation. The third is that large movements in the exchange rate may lead to disruptions, both in the real economy and in financial markets.

The evidence, however, is that the first two are much less relevant than they were in previous crises. Thanks to macroprudential measures, to the development of local currency bond