Economy and dollar value

[Lindsey]

It actually seems like it's not going to be so bad here. I've been reading quite a few articles in the last few days about the effect on Canada and it seems it won't be TOO negative, at least in the West. Ontario is tied pretty closely with the US and they've had some pretty bad job losses and economy downturns, but that's good for Saskatchewan because their people are going to have to start coming west for work. And we have tons! My province is booming, gas prices are lowering finally, and so far there hasn't really been anything really negative...
Here's some quotes from the CEP news (economic news) in an article posted yesterday:

Saskatchewan will overtake Alberta as Canada's economic growth leader says RBC, which has revised its economic forecast for Canadian provinces

RBC says the U.S. economy now appears to be in recession. Europe, the U.K. and Japan also foundering, they said. While RBC's forecast report says Canada is in a better position than others with Canadian banks in less trouble, overall growth will still be substantially weaker than previously anticipated.

"Saskatchewan is expected to lead all provinces in growth both this year and next year with overall GDP rising 3.9% and 3.5%, respectively, because the province is enjoying very high prices for most of its key exports, including grains, oil, potash and uranium," the RBC forecast says.

Although commodity prices have come off recent highs, they are expected to stay at historically high levels and support business and household spending, RBC says.


I don't think anyone around here is worried about their jobs... We're actually desperate to hire more people. I just got a raise and will get another in January, and my company is trying to bring in more incentives to the workplace, such as weekly massage or fitness classes, as well as project bonuses, to try to get people to come here instead of to our competition!
So I feel that with our economy going so well, shouldn't our dollar be doing better when the rest of the world is going into recession?