As regards this situation, to a certain extent, we can sum it all up with the issue of Dutch disease. Several people have already spoken about this issue.
First of all, I think that everyone would agree that natural resources have given Canada some excellent opportunities. Secondly, we must recognize that having a weaker currency does not comprise a plan, it is a hope.
I should be careful, and say this in English. To have a strategy that relies on a weak currency—not that you're advocating it—is not wise. It's not wise for businesses or for public authorities. There are a variety of factors that will determine where the currency is. In an environment where safety, fiscal soundness, resources, and sound financial systems are valued, as they are at present, all those factors will support the currency.
The third thing to say is that there are tremendous opportunities for this economy—some of them are being realized, but more can be realized—to capture more of the value-added from our resource sector.
Fourth, there are tremendous opportunities to export knowledge around resource productivity, as I referenced earlier. We can make our economy much more productive in its use of resources, in its energy efficiency, across a range of areas. That is a tremendous gain for this economy from a productivity perspective, but it's also a tremendous export: productivity.
Fifth, not to simplify, but in our opinion there is a symbiotic relationship that comes from engagement with these major emerging markets that opens up other opportunities across a range of consumer goods—cultural exports, management of digital commerce, mass customization, and other true export opportunities—that would also reverberate back positively on our economy.
That being said, to some extent, your colleague's question focused on this idea of an adjustment. Yes, the Canadian economy will go through an adjustment. We have already seen the manufacturing sector proportion of Canadian GDP drop by 20 percentage points. Currently, this percentage is standing at 12.5.