That's a very good question. I'll apologize because I know we don't have a great deal of time, but I think this really is a very important issue you've raised.
Let me start off by saying, first of all, that what we have seen in terms of the adjustment taking place in the Canadian economy has actually been further along than we might have expected, based on history. If you go back to the seventies and eighties, for example, we were not very good at adapting to changing circumstances. When you look at what has happened in the Canadian economy more recently, we've actually been pleased with the adjustment that has taken place. That's not to say the adjustment hasn't been difficult, but adjustment has been taking place. Certainly, based on the information that we gather through our regional offices--we produce four times a year what we call a business outlook survey and we actually go out and talk to businesses and we ask them how they are progressing--the evidence is encouraging. Can I say whether we're half-way through it or three-quarters of the way through it? That's harder to say, but all the evidence would suggest that this adjustment is taking place, as difficult as it is in certain sectors.
I think it points to a broader issue you've touched on, and that broader issue is the importance of continuing to move in the direction of increase in the degree of flexibility in the Canadian economy. With respect to the types of shocks that we've been experiencing--you talked about the last 10 or 15 years--if you go back and you trace through those shocks, going back to the Asian crises and the Latin American crises and the debt problems in Russia, the collapse of the high-tech bubble, SARS, and more recently the emergence of countries like China and India--these two countries alone account for 40% of the world population--these aren't going to go away. We need to continue to work very hard at continuing to improve the flexibility so we can make sure that adjustment is quick and as painless as possible.