We have a small negative impact in terms of real GDP. As I suggested, the negatives are clear and they'll show up soon, and that's why most people have had a soft first half of the year. The positives, in terms of exports growth and investment outside of the energy patch, will show up with a bit of a lag. We think a good part of that will show up in the manufacturing sector. If you look at the rebalancing across provinces, people are taking Alberta and Newfoundland and Labrador lower, and lifting Ontario, reflecting that pickup in manufacturing given the U.S. economy and the more competitive Canadian dollar.
We have a small negative hit for real GDP and a bigger nominal hit for the dollar value of what we produce.