[wayner]

I think in many industries, the low hanging fruit of innovation has been picked. My Pharma clients in the US were all squeezing their labs for cost reduction since it seems so hard (and almost rare) to make any sort of discoveries these days compared to two decades ago.

On another thought, I'm fed up with American companies buying Canadian companies, then discovering that while there are profits they are not high enough to be worthwhile and then moving back out of Canada having destroyed a vital supplier to Canadian consumers.

We will see if the same fate befalls Beaver Lumber/Rona in the wake of Lowes