Mr. Chair, absolutely.
Structurally, these things cannot continue, otherwise our living standards will decline, unfortunately, as a country.
I'm happy to see the wage increases for workers right now, but they're not sustainable if we don't have the productivity that comes with them. At some point, we're going to have to become more innovative and productive to sustain these wage increases. Otherwise, they will be inflationary, and it will just make the Bank of Canada's job more difficult, unfortunately.