A moment ago, I celebrated the upturn in wages in April, but it may be a sign that the torrid growth of the economy and labor supply shortages have begun pushing up wages faster than occurred with the moderate economic growth over much of the past decade.
Paul Jenkins: Impact of exchange rate movements on the Canadian economy Opening statement by Mr Paul Jenkins, Senior Deputy Governor of the Bank of Canada, to the House of Commons Standing Committee on Industry, Science and Technology, Ottawa, 30 January 2008. *  *  *  Thanks very much, Mr. Chairman.