For our sector, the situation would be the same. This is a sector that's already under tremendous stress in a North American context. I would emphasize that in terms of refined petroleum products, there is no unique Canadian market. It is a continental market, with a free flow of fuel products across our border and for products into and out of North America. So this is an industry that's already under tremendous stress. We see a considerable amount of refinery rationalization in the United States. Utilization levels have dropped below a level that a number of refineries are no longer economically viable.
And we see all the kinds of stresses already in Canada, with respect to the investment environment for refineries. A couple of years ago a potential new refinery in Sarnia was on the table. That decision has now been made to not do that. We've seen a significant retraction in Atlantic Canada, where a new refinery was proposed for Newfoundland. That's gone. A new refinery for New Brunswick--that's shelved for the foreseeable future. So those are the kinds of things that ultimately influence the investment plan for our industry.