There are reasons to love our low loonie.
Should the "right" of a foreign corporation to make a profit trump governments' attempts to create local jobs, improve environmental regulations or establish laws that raise royalty rates? Most Canadians would say no. But that's what the Conservative government is pushing poor countries to accept if they want Canadian investment.
Canadian businesses should invest in increasing the productive capacity of the Arab world because there is immense opportunity with an educated and eager workforce. The challenge will be to ensure that Canadian investors do not appear complicit in the political trappings of the inefficiencies of the Arab bureaucracies.