Well, of course, we're basically hostage to the virus over the next year or so, but I think that, longer term, the concern is that Canada's potential growth rate had faded to less than 2%. We'd seen very modest productivity growth in recent years. If anything, the medium-term potential growth rate of the economy might be further dampened by this.
If there are any encouraging points to make, it is that we've seen tremendous adaptation by business, by individuals, of technology during this episode. To some extent the future has been brought into the present. Whether or not it's by kicking and screaming, people have had to upgrade their technological skills. Perhaps that might help support productivity over the medium term.
I suspect that the end result of this is going to be slower medium-term growth as a result of the pandemic.