Thank you, Chair.
I have a quick question, Governor. Once I'm done that I'll pass the buck over to Mr. Jean.
I want to finish up talk on the high Canadian dollar that is at least perceived as being a result of natural resources. Some have said it's an artificially inflated dollar. There's also a reference to the hollowing out of the manufacturing sector as a result of that. They refer to that as the Dutch disease. I came from the Netherlands just last week, as a matter of fact.
This is a common refrain in some circles. What's your opinion? Are we seeing a hollowing out of the manufacturing sector? Is that happening as a result of our dollar being tied to it?