17:02:46 EDT Thu 18 Apr 2024
Enter Symbol
or Name
USA
CA



Magna International Inc
Symbol MG
Shares Issued 358,325,403
Close 2018-01-23 C$ 73.01
Market Cap C$ 26,161,337,673
Recent Sedar Documents

FP/CP say Magna, others see fed reject NAFTA criticism

2018-01-23 06:47 ET - In the News

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The Financial Post reports in its Tuesday, Jan. 23, edition that Canada is shooting back at American criticism that it is being inflexible and unconstructive at the North American free-trade agreement renegotiation that resumed this week in Montreal. A Canadian Press dispatch to the Post reports that unnamed Canadian officials say Canada has tabled complete chapter proposals on more than half of NAFTA's 30 sections, and has put forward substantive proposals and text on every part of the entire agreement already. With written Canadian proposals sitting on all tables, the sixth round in Montreal is about returning in earnest to the bargaining to find a creative space that works for everyone, unnamed officials say. The so-called American poison pills on autos, dispute resolution and the sunset clause were tabled after that. That makes them counterproposals as far as Canada is concerned, officials say. Because of that, Canadian officials are perplexed by reports the Trump administration is annoyed at Canada's unwillingness to engage, as well as its insistence on including so-called progressive trade elements.

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