First of all, with respect to the imports that we receive from the explosive growth economies, the number I'm familiar with is for China, and China has become the manufacturing centre for the world. But I saw a report recently that indicated that 55% of China's exports in manufactured goods are from foreign companies established in China to export, so the benefit of that trade goes to foreign firms, including Canadian and American firms. You need to kind of unpack the numbers a little bit to know what's going on in a highly connected global economy.
On November 27th, 2012. See this statement in context.