02:46:16 EDT Tue 16 Apr 2024
Enter Symbol
or Name
USA
CA



Sherritt International Corp
Symbol S
Shares Issued 397,281,686
Close 2019-04-17 C$ 0.38
Market Cap C$ 150,967,041
Recent Sedar Documents

Globe/CP say Sherritt sees Cda, EU hit back over Cuba

2019-04-18 08:45 ET - In the News

The Globe and Mail reports in its Thursday edition that Canada and the European Union hit back Wednesday at the Trump administration's decision to allow lawsuits against foreign companies connected to properties seized from U.S. firms during the Cuban revolution, vowing to protect their businesses. A Canadian Press dispatch to The Globe says that Canada and the EU pledged to work together in the World Trade Organization and ban the enforcement or recognition of American court orders against Canadian or European companies. The tightening of the U.S. trade embargo on Cuba's communist government represents a major shift in U.S. foreign policy -- one that could place Canadian mining, tourism and financial services companies at risk in American courts. About one million Canadians annually vacation in Cuba and Toronto-based Sherritt International is long established there, while countries such as Britain, France and Spain have companies active in rum, cigars and tourism. Foreign Affairs Minister Chrystia Freeland said Canada is "deeply disappointed" and reviewing options with the EU. Ms. Freeland, along with EU commissioners said that the EU and Canada consider the unilateral measures "contrary to international law."

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