I think it ties back to what we were saying earlier. Canada's main driver has always been that the natural growth in Canada has come from external demand, driving through exports and giving us more sales and therefore more investment and employment growth as we expand to meet that demand. This linkage has simply not yet taken hold in the Canadian economy, and so we have gone through a period when, although we thought it was about to happen, it simply didn't, and those expectations were dashed. I think employment plans were put on hold until it becomes more real.
On April 29th, 2014. See this statement in context.