In the news today, July 16
Four stories in the news for Monday, July 16
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THE HAZARDS OF DIVERSIFYING AWAY FROM THE U.S.
More Canadian companies are looking to diversify as increasingly tense trade relations with the United States have emphasized the need to compete globally. An Export Development Canada survey of 1,000 exporters suggests 64 per cent are planning to export to new countries, up from the below 50 per cent the proportion has generally hovered at for the past five years. But experts warn that the road to diversification can be slow and rocky.