If the legacy deals move to NETCO then we need the ability to trade Canadian gas.  Canada would not be out of business if we only traded US denominated financial products but it reduce our daily transactions by 75%.

 -----Original Message-----
From: 	Hayden, Frank  
Sent:	Monday, January 07, 2002 10:39 AM
To:	Zufferli, John
Subject:	

John, 
Dealing with Canadian issues and NETCO.  Original thought was that legacy deals go away and we can do in Canada as we do in US.  Unfortunately feedback is that currency issue will still exist.  In your minds eye, will it put Canada out of biz if we require that during first 45 days only "US like" transactions occur?  

Your feedback would be great.
Thanks,
Frank