Quebec companies keeping close eye on U.S. shutdown
The U.S. government shutdown is raising some concerns among companies north of the border about the impact on their business.
"Well, that's the main question, how long will it last?" asked the president of the Quebec Manufacturers and Exporters Association, Simon Prévost. He says for now, it's not a big problem but if it lasts weeks and weeks, it will be.
Some companies are girding themselves for border delays even though border crossings are classified as essential services. Others are concerned about slow payments and fewer or even no orders from U.S. customers. They add that they don't need another headache after trying to regain their footing following the recent economic slowdown while dealing with a current strong dollar.
"Frankly you can be a bit worried and it never comes at a good time," Prévost said.
"But it's certainly not a big threat to Canadian companies as we speak right now but of course, we're following the developments very carefully."