US execs are worried about Canada

Executives are losing confidence in their American subsidiaries in Canada, with sentiment reaching its lowest since polling began in 2017. In a survey by Nanos Research, leaders of these subsidiaries shared a weakening sales picture in Canada, a decrease in hiring and they don't expect the Canadian economy to strengthen over the next six months. Global trade tensions — heightened by the U.S. and China — the fallout from Brexit, and the uncertainty of the new North American Free Trade Agreement are all contributing factors to their grim outlook.