Good morning, and welcome to the witnesses.
Mr. Hodgson, you mentioned earlier that Canada's productivity was slipping. We have spent quite a bit of time on this committee discussing the manufacturing sector and, most recently, the rise of the Canadian dollar, amongst other factors, impacting the manufacturing sector, and we've heard about hundreds of thousands of jobs being lost and that the full ramifications of this job loss are still down the road.
As you said this morning, the manufacturing sector is far more productive because, I suppose, it's more capital intensive than the service sector. To what extent is the drop in Canada's productivity attributable to the loss of manufacturing jobs and growth of the service sector?