Trump may scare off new investment in Canada, says manufacturing group
OTTAWA — Many large companies are becoming gun-shy about making new investments in Canada because of Donald Trump’s hardline stance on firms investing outside the U.S., says the head of a leading trade and industry group.
Mathew Wilson, senior vice president of Canadian Manufacturers and Exporters, said the federal government needs to do more to attract investors because many companies — including long established, wholly-owned Canadian operations — are actively eyeing the U.S. as their base of future operations.
“I can’t see any major corporation wanting to be the subject of a Twitter feed,” Wilson said in an interview.
“He (Trump) has shown that he will use his voice as loudly as possible to drive investment to the U.S.”