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Resolute Forest Products Inc
Symbol RFP
Shares Issued 90,425,108
Close 2018-07-04 C$ 13.57
Market Cap C$ 1,227,068,716
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Globe says Magna, others see Canadians fight back

2018-07-05 06:56 ET - In the News

See In the News (C-MG) Magna International Inc

The Globe and Mail reports in its Thursday, July 5, edition that many Canadians say they are prepared to exact their own personal retribution against Donald Trump's trade war -- by curtailing travel to the United States or boycotting American retailers or brands. The Globe's Steven Chase writes that a new poll by Nanos Research done on The Globe's behalf, found nearly three in four Canadians say they are likely, or somewhat likely, to stop travelling to the U.S. because of the cross-border conflict started by Mr. Trump. More than seven in 10 Canadians also say they are likely, or somewhat likely, to boycott U.S.-made goods, the poll found. Nearly the same percentage also say they are likely or somewhat likely to stop shopping at U.S. retailers in Canada. Pollster Nik Nanos said Canadians have prepared themselves to strike back with their wallets. He said people are worried about what Mr. Trump meant when he said in June that trade conflict with his country is "going to cost a lot of money for the people of Canada." Mr. Nanos said, "They're concerned about the ramifications of Donald Trump saying Canada will pay, but at the same time looking at retaliating with their pocketbooks."

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