Just to add to that, as part of my responsibilities in the department, I work on foreign investment as well. We have fairly regular meetings with all the big players in the oil patch and in heavy oil and gas in Alberta in particular, and also in the Atlantic. We had an opportunity to meet with representatives from Suncor and from ExxonMobil yesterday. In all instances, it's rare to see any of the companies talking about big capital expenditures right now, and that has been the case for about the last two or three years. Many projects that would have been very intensive in steel have been deferred as a result of the reduction in the price.
Those two things will be really linked. We won't see a return in significant capital expenditures until people can begin to see the opportunities to get their product to market. Many of the issues around pipelines and access to the markets obviously are critical there as well, but the investments even in a lot of the exploration are very much tied to having a price that can justify that investment.
I think there has definitely been a downstream effect on steel from that. We've certainly heard that for a number of years now.