Bob, as you know, our economy and the US economy are very intertwined. If the US sneezes, we catch a cold. The main drop in the Cn $$ is mostly due to the drop in oil prices although the car industry has hit Ontario really bad (we build as many if not more cars than Michigan). I'm of the belief, contrary to many out there, that higher oil prices would actually help western economies (not necesarily $150 per barrel/maybe 100ish). This makes importers think twice about bringing so many products from China which becomes a lot more expensive due to shipping. When oil was up alot last year, many co's in N. America were starting to think about bringing offshore work back from China and giving it back to the workforce here. Just some thoughts. (the record profits of oil co's should be taxed accordingly though)
