We absolutely stand by the statements. Mr. Macklem, in effect, repeated them in his recent speech, which Mr. Hoback referenced.
There is a chart that looks at Canadian business investment relative to history. We're about average. It's solid. It's not spectacular. It's a little below average. But we're not in average circumstances. We have a big productivity deficit. We need to reorient to new markets. We have a very strong currency.
Investment disappointed in the second half of last year. Now, we think there are some special factors, and particularly around some engineering works and some issues in offshore Newfoundland and in Alberta as well. That will come back. Part of this is uncertainty, given the U.S. and European situations. That's dissipating a bit. The sum of those is one of the reasons we expect things to pick up. If we are here in April—and I hope we are going to be with our next MPR—I think we should be able to point to some signs of a return to solid business investment growth by that point.