10:52:19 EDT Tue 16 Apr 2024
Enter Symbol
or Name
USA
CA



Carmanah Technologies Corp (2)
Symbol CMH
Shares Issued 24,632,443
Close 2017-04-07 C$ 4.15
Market Cap C$ 102,224,638
Recent Sedar Documents

Globe says Carmanah worries about U.S. isolationism

2017-04-10 07:53 ET - In the News

The Globe and Mail reports in its Monday edition that Canadian executives feel they will benefit from the new U.S. administration's pro-business stance, but they are "extraordinarily ambivalent" about President Donald Trump. The Globe's Josh O'Kane writes that a quarterly survey showed that seven in 10 executives said they likely stand to gain from the President's policies and direction, though only half had faith in his broad economic policy, and fewer than one in five are assured of his ability to handle trade, immigration and foreign policies. Business leaders are more subdued when it comes to Mr. Trump's policies and plans, and concerned about the President himself. The Gandalf Group survey showed that 61 per cent of business leaders believe they will at least somewhat benefit from the Trump administration, thanks to its low-tax, low-regulation agenda. Only 15 per cent of those surveyed believed the administration was performing well with its trade policy. "Isolationism generally leads to, maybe not a reduction in trade, but certainly will dampen any increase in trade that would occur when free trade takes place," said John Simmons at Victoria's Carmanah Technologies, a solar technology company.

© 2024 Canjex Publishing Ltd. All rights reserved.