Yes, thank you.
We do see a steady improvement in the standard of living for Canadian families, albeit at a rate less rapid than in the 1990s and early 2000s, because productivity growth will not accelerate, in our opinion, fast enough to make up for the demographic drag. It's a little too strong to call it a drag, but the less rapid contribution from labour to growth, labour as a whole on an economy-wide basis. So we see a less rapid improvement in the standard of living, and the only way to get that up is to get productivity up.