I think it does. It would provide a better cushion for the manufacturing parts of Canada, Ontario and so on. I also will just briefly add that Canada was a little bit lucky by the high commodity prices in the last few years. Normally during worldwide recessions, commodities would do much worse, so I think that part of Canada's superior performance to America and Britain was based on the luck of having high commodity prices during a sluggish period for the developed world economy.
On November 15th, 2011. See this statement in context.