Mr. Chair, there are a number of studies that help us to understand the repercussions of these job losses. As I mentioned, with older workers, the loss in revenue can reach 25%. The repercussions can vary from study to study, but the fact remains that the loss of income can be as much as 25%.
These are very pertinent studies that look at the changing trends in industrial production and the shift from the manufacturing sector to the service sector. That underlies all the results we see in the studies. The 25% drop in salaries is directly linked to these phenomena that are happening in Canada. A number of studies come to the same conclusion. A loss in salary brings with it a loss in purchasing power. That ties in with your question very specifically.