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.
Increased competition from abroad and structural changes in demand are other important economic forces at play that also require adjustment. Conclusion I'd like to conclude by summarizing my key messages. Recent years have been marked by significant global economic change.