08:31:03 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Magna International Inc
Symbol MG
Shares Issued 382,461,855
Close 2017-03-13 C$ 58.06
Market Cap C$ 22,205,735,301
Recent Sedar Documents

Globe says Magna, others see PM seek U.S. allies

2017-03-13 08:36 ET - In the News

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The Globe and Mail reports in its Saturday, March 11, edition that Prime Minister Justin Trudeau met with Texas Governor Greg Abbott and with Senator Lisa Murkowski of Alaska last week in Houston, and found some common ground on pro-trade policies. The Globe's Shawn McCarthy writes that in his meeting with Gov. Abbott, Mr. Trudeau said he welcomed the opportunity to talk about shared connections on energy but also about the integration of the Canadian and U.S. economies. Gov. Abbott -- who has championed increased trade with Mexico -- said his state is the top exporter among U.S. states into Canada. In a session at the CERAWeek conference last week, Republican Senator John Cornyn said he supports some of the goals of the House tax-reform package, notably the reduction in corporate rates, but worries about the economic and political impact of paying for those tax cuts with a border levy that would raise $1-trillion (U.S.) from consumers over 10 years. Mr. Trudeau also met with Ms. Murkowski, who chairs the Senate energy committee. She shares Mr. Cronyn's views on border levies and NAFTA. She said she would oppose any measure that would raise the cost of gasoline in her state.

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