As well, there has been a secular decline in the share of manufacturing and total output, but there is a big distinction between the share of output and employment. This is, I think, true across all industrialized economies. It is just a fact of life that manufacturing is enjoying productivity increases, so you can produce the same amount of stuff with fewer people. Whether or not manufacturing output comes back, it's certainly the case that employment is not going to come back. The case is the same for Canada as for the U.S., as for the U.K.—overall.
On March 11th, 2015. See this statement in context.