Mr. Chairman, as I told the member before, I am very reluctant to get into the art of black magic and start predicting all kinds of numbers. 1 would not want to claim the same degree of prescience Wood Gundy has attained in the past when it has been so accurate in its forecast of the stock market. But if the member is looking for some light at the end of the tunnel, some small glim of optimism, at least I would refer to the survey conducted by Manpower Temporary Services of Toronto. It did a very major survey of
June 26, 1980
personnel managers across Canada. If I may, I should like to quote from the survey:
Despite worries about the depth of recession, employment prospects across Canada for the next three months are still fairly bright according to a national survey conducted by Manpower Temporary Services.
I hope that will allow the member to go to bed with some degree of calm and patience this evening, knowing that while Wood Gundy may be trying to plunge us into the depths of despair, Manpower Temporary Services still has a ringing note of optimism in its survey.
Subtopic: EMPLOYMENT TAX CREDIT ACT