The one thing I would add to that is if you think back to 1989, when we also had a very high dollar in relation to the U.S. dollar and thus very significant job losses in manufacturing, we really had a very unfortunate coincidence of the free trade agreement coming in at the same time.
It took a period of time for those direct job losses in manufacturing to spill out into the rest of the economy as well. To this point, there's been some cushion in Canada. The housing construction sector has been quite strong.
But I think a lot of the cushioning against some of the indirect impacts of those direct job losses is going to come away. So it's not just a matter of more manufacturing job losses moving forward; I think we're going to feel more of the spinoff impacts from what's already happened.