Canada may even regain G7 leadership by the end of this period.

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You can draw a fault line down the borders between Western Canada and Ontario east and see a fairly substantial difference.

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In terms of manufacturing and jobs, it's not good for Ontario because we are so focused on the U.S. marketplace _ roughly 90 percent of our exports in the province go there.

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The guy on the street who is thinking of going to the U.S. this summer is going to feel a whole lot better because purchasing power has gone up a lot.

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Canada may even regain G7 leadership by the end of this period if, as we expect, the pace of U.S. activity moves down to a sub-3 percent trajectory for the first time in nearly half a decade.

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