In St. Thomas, it's safe to say that we haven't seen any significant job losses yet as a result of trade barriers or tariffs. In fact, we're seeing record numbers of companies hiring people, trying to find people and having challenges doing so. But we've all seen how fast that can change.
If this continues to go on and companies' profit margins continue to shrink, I think it's fairly safe to say that we will lose some of our companies, particularly the U.S.-based companies located in our region, not just in St. Thomas. I think we'll see a shift in those businesses back to the U.S. Some of them don't have to be in Canada. Some of them are shipping only to the U.S. and are in Canada for various reasons. Certainly, from an economic development standpoint and from a community standpoint, we need those businesses to stay. I think it's fairly safe to say we would see layoffs in the future if it continues the way it is today.
As far as a solution goes, unfortunately I don't have a solution or an answer. Everyone wants to see the eradication of tariffs, but I'm not sure that's up to us.