Perhaps...or he could counter that the lower Canadian dollar (if it remains low for the forseeable future ) will be a boon for the manufacturing sector (albeit having a time lag of 6 to 12 months?) and thus those jobs will naturally be slowly regained...that argument might only be valid however, if the Bank of Canada keeps the prime rate low, (or doesn't raise it in tandem with any future rate increases by the US) , and would be predicated on assumption that the US economy ( as our primary trading partner) , will improve during the same period.....and a whole host of other factors for which I do not have the knowledge to expound upon...

Cheers, Luker