Well let me pick up on that last point and then turn to John.
I think what is important to remember here--I'll use the word “shocks”--is that these developments we are facing as an economy represent the reality of what is going on in the world economy today. You just have to go back over the last 10 to 15 years and realize the extent to which we've had a series of developments. You can go back to the Asian crises, the default in Russia, the collapse of the high-tech bubble, even SARS and BSE. We had one case of mad cow disease that shut the border. We have these developments that in almost every case represent either an international development or a link to some international situation. So the issue is how we can best adapt to these changing circumstances, because we know economies are going to continue to have to face developments of a global nature. Canada is an open economy. We've relied on trade historically to grow and develop.
So the issue here is how we can best adapt to these changing circumstances, the reality of what's going on in the world economy. I believe one of the important aspects of that is to promote policies that encourage and promote flexibility within the Canadian economy and the ability to move resources from one sector to another in response to these global shocks.
