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The U.S. does represent a significant market for Canadian clean-technology companies, said Analytica Advisors president Celine Bak, "but those firms are also succeeding in other markets and I would say the EU is the most significant."
Bak said the recent Canada-Europe Trade Agreement would help more companies to reposition and focus on selling to Europe. There are also opportunities for clean tech companies in Asia and around the world, as only countries that are not committed to the Paris agreement are the U.S., Syria and Nicaragua, she said.
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