I'll just give you a statistic. In Canada, for every hour of work, we produce $45 of goods. In Germany and the United States, it's over $60 of goods for the same hour. If you don't invest in machinery and equipment, you'd better be in a low-cost jurisdiction for labour, because otherwise what do you do? That's been a bit of Canada's problem. First, there are the demographics. Second, there is the skills shortage. Third, labour costs are quite high. The only long-term solution to that has to be investment in machinery and equipment, automation, and higher productivity.
