21:40:06 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Magna International Inc
Symbol MG
Shares Issued 382,461,855
Close 2017-03-17 C$ 58.71
Market Cap C$ 22,454,335,507
Recent Sedar Documents

FP/wire say CAE, others hear PM takes Trump at his word

2017-03-17 07:24 ET - In the News

See In the News (C-CAE) CAE Inc

The Financial Post reports in its Friday edition that Prime Minister Justin Trudeau says he takes President Donald Trump at his word when it comes to trade negotiations and continues to believe adjustments to NAFTA will be minor. A Bloomberg dispatch to the Post reports that Mr. Trudeau noted Wednesday NAFTA has been altered before in minor ways. Signals from key actors in the U.S. suggest they want important changes in the deal. That includes members of an influential Senate committee who want to open up Canada's controls on dairy and poultry imports. It is not yet clear whether those demands will wind up on the negotiating table when talks eventually start, or whether the lawmakers' remarks about home-state industries reflect their own domestic politics. Their remarks were a departure from the President's. When he met the PM at the White House, Mr. Trump spoke of making only minor tweaks to the trade relationship with Canada. The PM said Thursday, "I very much take him at his word when he talks about just making a few tweaks." He noted that NAFTA had been altered a dozen times over the past 20 years -- although those really were minor tweaks to rules of origin that did not require a vote in Congress.

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