It is difficult for me to talk about this specifically in any great detail, but I think we all saw the impacts on the economy in terms of a slowdown and job loss. Canada was relatively well insulated compared to other economies around the world. We were very well positioned fiscally as a nation. While we certainly did see a dip and a minor recession, the impacts in Canada, on an economy-wide basis, were far less than those experienced by most other countries in the OECD and the in G-7 for that matter.
On March 10th, 2015. See this statement in context.