I really don't.... Well, on the margin, the answer to your question is yes. A 10% decline in the dollar makes certain bits of machinery that people import more expensive. But the dollar remains, in the historical sense, quite high relative to where we've been. Relative to, let's say, five to ten years ago, that equipment is quite a bargain compared with what it was when the Canadian dollar was much lower. I don't really think that's going to take too much of a shine off the investment story that we've laid out there.
However, the question about the shortage of workers is more meaningful to be thinking about. Any economy has the possibility of adjusting immigration levels and that sort of thing. Companies also react in different ways by spreading their production across different economies, capital-intensive production here in Canada, where labour is relatively scarce or more expensive, and some of it in other kinds of economies where the reverse is true.
They have an actual global model of production, such as in the garment business, for instance. That is what has emerged there. Even though employment in the garment business in Canada is much smaller than it was in the past, it's still one of the biggest in the world, and it's based in Canada. All the design and all that is still happening here.
These stories are complicated and they're individualized, so it's important not to make just a general comment like that.
I would say that the forestry sector has had a good record in terms of that productivity run. It's one of the ones where we would expect to see the demand side being influenced by that exchange rate. So, good news comes in.