Two things happened at the same time. One is that the dollar came down, but the other thing was the change in the behaviour of manufacturing as a whole.
We are shifting to the new paradigm of the knowledge economy. When you compare the manufacturing era of 20 years ago in Alberta and Ontario, it's a different kind of manufacturing now. When you don't have the talent, your response to the knowledge economy is not great, and this is what we see. It is why manufacturing is not coming back.
Value-added manufacturing eventually will come back, and knowledge-based economy manufacturing is coming back—we call it “advanced manufacturing”, in this case. We have to make the system respond to that.
This will happen in North America, both in the U.S.... Probably in the U.S. there is also the same problem: “Oh, manufacturing is gone!” Who cares that manufacturing is gone? All of you have a cellphone. Was it $400? What is the value-added for China to these cell phones? Can anybody tell me? The value added of these is that they're produced in China. What is the value-added? How many dollars are due to it? How many?