Yes.
I would suggest, given the objections of the NDP a minute ago, it would serve them well to pick up a basic economics textbook 101 and begin to read it. This is simply basic economics that we're talking about here.
You mentioned that it's getting worse, so fewer and fewer workers are able to participate in, if we take the oil sands example, the bounty of what we have out in western Canada. I imagine that can't be a good thing, can it?