You would need much more information to provide an individual citizen's perspective on the level of pain we're experiencing now, or starting to experience in the first quarter of 2009, compared to previous recessions in the nineties and eighties. In the information we presented today we gave you a perspective on the level of output of the Canadian economy. We also talked about employment and provided comparisons with previous recessions. But the job losses today are already quite significant.
On March 25th, 2009. See this statement in context.