Mr. Speaker, my riding runs up beside Calgary, and we know what is happening in Calgary. When the president of Cenovus says that his office is now in Denver, we know what is happening. It may not have moved its head office yet, but we know what is going to happen.
I personally know a number of people in the oil sector who are now working in Texas because they know that is where the investment is. A number of highly skilled people are leaving their families to search for jobs and may end up in Australia or Africa. They are leaving because there is no work here because the investment has gone somewhere else in the world. It has left Canada and it will be a while before it comes back.