Progressive Planet Solutions Inc V.PLAN

Trump's threat of 25% Tariffs

[15Stanmore]

Trump has announced an across the board 25% tariff on all goods imported from Mexico and Canada unless their governments immediately take action to secure the border between their countries and the US and assist in addressing illegal immigration.

With over half of PLAN's annual sales being exports into the US market, this inserts a new and material risk into the mix for PLAN's future growth and profitability.

From my perspective, the sooner Canada can hold an election and remove the primary cause of the current Canada/US border issue (incompetent Justin Trudeau and his Liberal Party) the less impact this draconian (but likely very effective) tactic by the incoming majority Trump administration will have on PLAN's continuing turn-around.

[15Stanmore]

I am sure the senior management team at PLAN has had the US export situation properly identified as a significant risk factor for some time, and has fully investigated what action it can take to eliminate, reduce or mitigate the negative impacts a sudden 25% tariff might have. Given Mr. Trumps announcement today, I hope management will move quickly to implement the existing (well thought through

[15Stanmore]

In case you did not see Mr. Trump's announcement, I have copied the link here:   https://pbs.twimg.com/media/GdR3LJGWgAAACL-?format=jpg&name=small