If I may, living standards basically increase for three reasons: you boost productivity, you work more and have more employment, or you have an increase in the price of the goods you sell to the world compared with the price of the goods they sell to you. Basically we've had all three working for us over the last three years. Overall, that's been good for the Canadian economy, and it shows in the numbers—increased employment and increased GDP.
So I would say you're absolutely right in your assessment. That doesn't deny the fact that this has a required adjustment elsewhere in the economy.