Maybe I could go first.
Don is absolutely right; there are longer-term challenges that we have to address in terms of productivity improvement, innovation, skills development, and so forth, that are exacerbated by this very rapid surge in the value of the dollar. It makes the issues I think much more urgent to address.
To my mind, the recommendations we put forward—to consider some form of investment tax credit that would help to monetize the accelerated depreciation, refundability of R and D tax credits, some form of employer training tax credit—are not only measures that I think would assist manufacturers at this time, but they put in place the measures that are going to enable them to adjust to these competitive factors over the long term. All of these recommendations, which were made last year, were made at an 84¢ dollar. I think they're even more important today at a dollar that could be $1.02 to $1.10, depending on where the market goes. It's more important than ever.
The longer-term issues outlined in the recommendations the coalition has made for skills development, for connecting research to industrial innovation, for dealing with issues around enforcement of trade rules—all of these—are extremely important as well.
But this rapid appreciation of the dollar really puts the emphasis on tax measures that go to the heart of building a competitive industrial economy that is able to compete in the global marketplace: investment, training, and innovation.