Yes, because there's one common factor that's been going around the world, in that the emerging economies—China, Vietnam, and South Korea—have basically made an extraordinarily serious run at the lower value-added chains in manufacturing right around the world. You've seen that response. The decline in manufacturing's share of output has accelerated as a trend in virtually every country, particularly in most other highly industrialized countries, who have seen larger percentage reductions of employment in manufacturing than Canada has, particularly the United States, as they move more into higher-value niche markets but are losing....
We've talked a lot about automobile parts. North America didn't import a single automobile auto part from China five years ago, and these parts are now 5% of the market. They're probably going to be 10% or 15% in another five years, because this trend is going to accelerate. As I said, the dollar is exacerbating this. But these trends are going to be there, and would have been there, even without the dollar.