Pumpjacks at work pumping crude oil near Halkirk, Alta., June 20, 2007. Perhaps an era of cheap crude won't be so bad for Canada after all. A new bank forecast argues the financial blows of low oil prices on the Canadian economy could be more than cancelled out by the weaker loonie and additional consumer spending on both sides of the Canada-U.S. border. THE CANADIAN PRESS/Larry MacDougal