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Canadian Dollar Decline May Be Good For Saskatchewan

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paul martin1Golden West Business Commentator Paul Martin

The Canadian dollar continues to slide compared to the U-S dollar.

Golden West business commentator Paul Martin says that may not necessarily be a bad thing for the province.

"Saskatchewan is an exporting province so I suppose in the grand scheme of things I suppose it helps."

Martin says the decline was exaggerated by other circumstances.

"We lost a penny initially on our currency. Part of that is because the U-S went up while we went down, widening the gap."

Martin adds that with Saskatchewan being an export province, it may be a good thing.

"Grain, to oil, to potash, anything we pick to export out of the province is likely to see ab bump because of this."


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