Dogs can hear far better than people. They can see far better. They not only smell better, but they smell differently - two independent nostrils, with the ability to hold a smell across breaths - they smell in stereo and can sense past movements of animals by smell differential. They can also sense emotions, infer intent, and are very aware of, respond to, and participate in social interactions and hierarchies across species.
Their sensory world is richer, deeper, and more complex than ours, and their ability to interact within that environment is, in many ways, quicker and more efficient than we are able to do in our environment.
We obviously have far greater intellectual capability. And have created an environment where these capabilities are needed/required, one where dogs rely on us to survive.
So, I would say that we are more conscious in some ways, dogs are more conscious in other ways.