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U.S. shifts Cuba policy to allow lawsuits against foreign companies — and that includes Canadian firms

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The policy could place Canadian mining, tourism and financial services companies at risk in American courts

OTTAWA — The Trump administration says it will now allow lawsuits against foreign companies connected to properties seized from American firms during the Cuban revolution — including Canadian businesses.

U.S. Secretary of State Mike Pompeo says the decision, which takes effect May 3, is rooted in Cuba’s backing of “oppression” through its ongoing support of Venezuela’s socialist government of Nicolas Maduro.

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