Can Bitcoin Help with a devalued currency? I worked in Canada, in the Oil industry, CAD took a big hit in the exchange versus USD, can anybody advice me if transferring my money to Bitcoin can help me increase the value of my savings again?

Since I do not live in Canada anymore and I need USD.
See the comments above, but the answer to your question is that the exchange will happen at the "instant" exchange rate.  

So, whatever value CAD is at when you do any kind of exchange, that is the value you will get.  

In terms of increasing savings, all you can do it make sure you exchange it for one that is rising.