Let me start by noting that the governor referred to the 1970s and 1980s and the boom-bust cycles we went through in those years. If you compare the last 10 years to that earlier episode, we've actually gone through substantial shocks. A lot of those have had an international origin or dimension to them. You can think back to the Mexican peso crises; the Asian crises; Russia, long-term capital; bursting of the high-tech bubble; SARS; BSE; corporate malfeasance in the United States. These have all had impacts on our economy. And as the governor indicated, we've really shown quite a bit of resilience in terms of being able to adjust to those shocks.
So the issue here is what we can do to continue to promote the ability of our economy to adjust to what will continue to be developments, probably a lot of them outside our borders. Therefore, policies at the macro level, and, from our point of view, maintaining a low, stable inflation rate are actually very critical. As well, promoting training and mobility of factors of resources--labour--across the country is also very important. So that flexibility to respond to economic developments is very important, and I think we've made some good progress, but we continue to see the need for that.