Why Canadian businesses love Arizona

Born and based in Newfoundland, Barry Perry (below) hadn’t spent any time in Arizona before his work took him there a few years ago. The president and chief executive officer of Fortis Inc., which acquired a utility company in the state in 2014, says the purchase allowed the St. John’s-based Canadian utility to gain a stronger foothold in the United States after its initial foray there in New York two years earlier.

(David Howells)One of the first things that struck Mr. Perry upon subsequent business trips to the Sunbelt was a peculiar and popular expression among residents.“They have a saying down there when it’s very, very hot, and they say it in a positive way: ‘The temperatures are dipping down to 100[F].’ That’s when its 110, 115 outside [above 40 C] and the forecast for the following day is 100 [about 38 C]. For a Newfoundlander that’s a pretty …