How we would respond to the competitive pressure, absolutely, I think that is the be-all and end-all of the Canadian economy.
As I said, they've basically knocked out the lower value-added chains. Actually, the fastest growing imports in Canada, and even in Ontario, our industrial heartland, and Quebec, are capital-intensive machinery and equipment. So they're moving up the value-added chain pretty quickly as well.
If we want to look at Canada five or ten years into the future, we will not have a strong industrial base unless we succeed in this productivity challenge. We're never going to succeed on a wage basis, and we'd never want to try it; we'll only succeed on a productivity basis. And productivity in China, while it's still a lot lower, is growing 6% a year. Ours has been growing 1.1% a year over this decade. That's not a pretty picture, unless we can turn that around.