Maple Leaf Foods CEO blames President Trump for Iran plane crash

Michael McCain President and Chief Executive Officer of Maple Leafs Foods Inc

Michael McCain President and Chief Executive Officer of Maple Leafs Foods Inc

"A narcissist in Washington tears world accomplishments apart; destabilizes the region", said McCain. McCain clearly and purposely identified himself and his tweets as his personal thoughts, posted to the brand's Twitter account.

They were retaliating for the USA killing of Iranian Gen. Qassem Soleimani, a drastic step that triggered an instant backlash across the Middle East and put the US and Iran on a war footing.

Mourners light candles for the victims of Ukrainian International Airlines flight 752-which was shot down in Iran-during a vigil at Mel Lastman Square in Toronto, Ontario on January 9, 2020.

McCain writes that American leadership "concocted an ill-conceived plan to divert focus from political woes".

McCain, who heads the 23rd richest company in Canada, used his company's official Twitter account to loudly say what we were all saying or thinking, yet went largely unheard.

Maple Leaf Foods was trading down more than 2 per cent at $24.49 Monday morning.

"If he was a private citizen sending the tweet, it really doesn't matter, but he isn't", Lee said.

The responses to McCain's public reflections are divided. It is not his role to get involved in the very complex politics of the Middle East.

Boeing Part Supplier Announces 2,800 Staff Cuts, Citing 737 Max Grounding
He argues "Boeing needs a CEO with an understanding of aviation markets, program management, and most of all, engineering". Boeing is reeling from two fatal 737 Max jet crashes - in October 2018 and March 2019 - that killed 346 passengers.

In a statement, Housakos said that while he sympathizes with the "enormous loss being felt by Mr. McCain's colleague" and "shares Mr. McCain's anger over the atrocity that was committed against everyone on that flight and those they left behind", he believes there have been "valid" points raised about the appropriateness of McCain's comments.

"It is no exaggeration to say that there are thousands of livelihoods at risk if your motion triggers action by the government", reads the letter. "Knowing Maple Leaf Foods' expansion plans in the US, you can only appreciate how risky a message like that is, given how it could be perceived by Americans".

McCain is at the helm of a major Canadian meat processing empire, with 12,500 employees and production facilities in Canada and the USA, including a planned US$310-million plant-based protein plant in Indiana.

After denying responsibility for the crash for days, Iranian officials admitted Saturday that a missile operator had 10 seconds to decide whether to shoot the plane, confusing it for a USA military craft in what Iranian officials called a "human error".

In the meantime, Foreign Affairs Minister Francois-Philippe Champagne says visas have been approved for eight more Canadian officials to travel to Iran to help with the investigation. Of the 176 victims, 138 were headed to Canada.

"Yes, the tweets are indeed from Michael McCain", said Janet Riley, vice-president of communications at Maple Leaf Foods.

After initially denying any involvement, Iran admitted on Friday to shooting down the plane, calling it a "disastrous mistake" caused by human error. The company is worth approximately $3.13 billion, based on market capitalization.

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