And, of course, healthy final domestic demand, underpinned by rising incomes and relatively low interest rates, has continued to support economic growth in Canada during this period of significant economic adjustment. But the adjustment process is not over.
We continue to experience changes in the prices of commodities relative to other products, in the exchange rate, and in the world demand for Canadian goods and services. Energy prices, in particular, have surged over the past year, and the associated effects are still working their way through our economy.