This is not something you want to see. New Brunswick had the steepest decline in manufacturing sales in November 2007:
Every province reported decreased manufacturing sales in November, ranging from a 0.3% decline in Saskatchewan to a 31.5% drop in New Brunswick. In the Atlantic provinces as a whole, manufacturing sales were down 21.7%, reflecting a sizeable decline in petroleum product prices.
The good news here is that a drop in petroleum prices doesn’t impact government revenue in New Brunswick virtually at all (someone can confirm if there is something I don’t know) and as far as I know the cost that Irving charges to refine oil into gas doesn’t change much depending on the price of crude. It costs x to refine it regardless of the price of the crude.
So, if we had a 31.5% decline mainly because of forest product manufacturing decline it would be a much more dangerous issue.