In 2015 in general we had two quarters of negative growth at the beginning of the year, driven almost entirely by a decline in investment in the energy sector. We bounced back in the third quarter and now we're anticipating our fourth quarter results at the beginning of March. But looking at the first two months of the last quarter, we see some weakness in retail. Statistics Canada released our retail trade numbers last week, which showed some weakness in consumer spending. Likewise, there's persistent weakness in investment in the energy sector. Quite frankly, we haven't seen Canadian exporters quite take hold of the potential advantages of the depreciation of the Canadian dollar. That's weighing on forecasts, I think, across our private sector surveys.
