I might add a few details. In our predictions for the Canadian economy, we underscore two major international factors. There is, first, the weakness of the American economy, as you mentioned, but there is also a positive force. Indeed, the demand for core products is strong. It is the influence of the price of core products on our terms of trade that is supporting this domestic demand. In the predictions that we set out in the report, we talk of the fact that there is a reduction in core products, but that the prices have remained very high. With regard to domestic demand, that is the most important support. We note in our predictions for the years 2008 to 2010 a very important contribution on the part of domestic demand.
On April 30th, 2008. See this statement in context.