Thank you, Mr. Chairman. I have three questions for all our witnesses here today.
First, have you thought about what effect any recession may have on your sectors?
Furthermore, there has been negative growth in the manufacturing sector. Many people from that sector are now employed in the services sector. Now, this meant that they took a cut in salary. Is it possible that there will be a decline in the services sector? If I were earning $15 an hour and then I had to make do with $8 an hour, I don't think I'd go on any more trips.
Now, Mr. Marchi, you referred to Doha-related negotiations. Our trade balance with the rest of the world has slipped $12 billion. If we participate in other Doha-based negotiations and if we do business with other countries you referred to—Norway, Liechtenstein, Iceland and the Dominican Republic—and I'm talking about jobs in the services sector, do you think there'll be further job losses? For example, it costs less to provide telecommunication services from other countries than it does from home.
Do you think some service sector employers will be tempted to hire offshore, thereby leading to just as many job losses in this sector as in the manufacturing sector?
I'd like to hear your answers to my three questions.