Rated, no doubt, by the same agencies that provide the philosophical underpinnings of the economic fallacy that is hobbling consumer demand by decreasing wages and transferring of tax burden from the corporate sector to consumers, transferring ownership of public assets to the corporate private sector as well as gutting social policies that brought some equality of opportunity to society and that took decades to put in place. These would be the same people that suggest that you build an economy by increasing supply rather than building demand, that the financial sector doesn't need regulation even if JP Morgan is repeating exactly the same actions that caused the recent financial meltdown, that when the corporate sector loses on enormously foolish and shortsighted gambles, the losses should be socialized even if the gains they might make when they win must remain private. These are the people that are attempting to grant moral license to greed and their rating of our economy needs to be seen in that light. It is a reflection of how close we are coming to their specific ideals.
The dollar is strong only because the US dollar has dropped so dramatically as a consequence of their crisis of economics and leadership and the net effect is to reverse our positive balance of trade in goods, make Canadian products more expensive to the world and therefore less exportable and consequently Canadian production less viable. All this leads to our increasing dependence on primary resource extraction and more export of those products in a less processed condition leaving us as a second tier nation of hewers of wood and drawers of water with no fallback strategy when those resources run out.
That increasing investment is going to the resource extraction sector so not only are we stuck on that second tier, the financial benefits from that extraction are being sent out of the country to the foreign investors. Nobody is investing in technological development or any other sector that would allow us to move into secondary and tertiary processing or intellectual endeavours or any other area that would break our dependence on the requirement to sell our birthright as fast as we possibly can in order that we can keep up our bloated, greed based and wasteful lifestyles.