09:55:59 EST Fri 05 Dec 2025
Enter Symbol
or Name
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CA



Ford CDR (CAD Hedged)
Symbol F
Shares Issued 350,000
Close 2025-12-04 C$ 11.26
Market Cap C$ 3,941,000
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Globe says Ford, rivals see Joly eye Stellantis

2025-12-05 07:22 ET - In the News

Also In the News (C-HNDA) Honda CDR (CAD Hedged)
Also In the News (C-TOYM) Toyota CDR (CAD Hedged)

The Globe and Mail reports in its Friday, Dec. 5, edition that the federal government has informed Stellantis that moving production from Brampton, Ont., to Illinois breaches the taxpayer-funding agreement reached in 2022. The Globe's Eric Atkins and Nathan VanderKlippe write that Industry Minister Melanie Joly said on Thursday that Ottawa has issued a notice of default to the automaker regarding jobs and a funding agreement for the plant northwest of Toronto. In October, Stellantis said it would make the Jeep Compass in Belvidere, Ill., not Brampton, as part of a plan to boost U.S. output by 50 per cent over four years. Ms. Joly, speaking at a parliamentary committee on international trade on Thursday, said the funding for the Brampton plant came with commitments to create employment. "What I can tell you is that there's a job guarantee," she said. "There was a link between the new funding that was given to create new jobs in Windsor [and the] Brampton plant. We can't open that floodgate of basically our automakers leaving the country. We're all fighting for the 125,000 jobs in the auto sector." On Thursday, Stellantis denied it had violated its agreement by shifting work to the United States.

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