I'm just a little bit concerned with the context of the question. Some of the answers give a false sense of comfort, because the context was that the problems of the manufacturing and forestry industry are almost being uniquely related to the dollar. I would go further and say that the difficult period of transformation in these industries is going to continue, even if the dollar were to go down substantially.
To get a feel for that, just witness that the percentage losses in manufacturing employment have even been bigger in an economy like the United States than in Canada, and their dollar has been quite weak.
There's a whole set of other forces. Forestry prices are not going to recover until U.S. housing recovers. It's going to be under pressure. And unfortunately, the drive that's come very suddenly and very intensively on the manufacturing sector, which has unambiguously been exacerbated by the dollar, is going to continue, even if the dollar pressures ease somewhat.
