President-elect Donald Trump hasn't shied away from warning Detroit's automakers to manufacturer their cars in the U.S. or pay a large border tax.
Trump then targeted German and Japanese automakers. Is Canada next?
According to a Bloomberg report, Windsor, Ontario, is home to nearly 6,000 Fiat Chrysler Automobiles NV (NYSE: FCAU) workers and thousands more working for General Motors Company (NYSE: GM) and Toyota Motor Corp (ADR) (NYSE: TM).
All told, Ontario boasts 27,000 auto workers which implies almost one assembly worker for every five in the U.S.
In fact, the U.S. trade gap with Canada is even larger than the trade imbalance with Mexico at $28.6 billion in the first 11 months of 2016 compared to just $18.3 billion.
If Trump is paying particularly close attention to this dynamic, he certainly won't like what he sees – and a Twitter attack could be forthcoming.
The problem for Canada is that businesses, especially in Ontario, are struggling with rising energy costs – and the exodus of factories out of Canada is underway with or without an attack from Trump's Twitter account.
Hot Heal Care Stocks To Watch For 2017: Joy Global Inc.(JOY)
- [By Dan Caplinger]
Income investors appreciate stocks that pay lucrative dividends, and recently, many companies have seen the value in treating shareholders well by boosting their regular payouts. Yet a few holdouts simply don’t show their appreciation for their investors through dividends. For whatever reason, rather than having no dividend at all, Joy Global (NYSE:JOY), Textron (NYSE:TXT), and Global Payments (NYSE:GPN) maintain the tiniest of quarterly payments. Let’s look more closely at these stocks to see why they do what they do with their dividends.
Hot Heal Care Stocks To Watch For 2017: Compass Minerals Intl Inc(CMP)
- [By Monica Gerson]
Compass Minerals International, Inc. (NYSE: CMP) is projected to post its quarterly earnings at $1.33 per share on revenue of $347.03 million.
MKS Instruments, Inc. (NASDAQ: MKSI) is estimated to post its quarterly earnings at $0.33 per share on revenue of $177.19 million.
Hot Heal Care Stocks To Watch For 2017: Ashford Hospitality Trust Inc(AHT)
- [By Lisa Levin] Related AHT 25 Biggest Mid-Day Gainers For Friday Mid-Day Market Update: Hortonworks Drops Following Weak Results; Freshpet Shares Spike Higher Ashford Hospitality Trust's (AHT) CEO Montgomery Bennet on Q2 2016 Results – Earnings Call Transcript (Seeking Alpha) Related NEWS Mid-Morning Market Update: Markets Open Higher; Micron To Lower Jobs Mid-Morning Market Update: Markets Open Lower; Broadcom Profit Beats Expectations NewStar Financial's (NEWS) CEO Tim Conway on Q2 2016 Results – Earnings Call Transcript (Seeking Alpha)