11:50:30 EST Mon 19 Jan 2026
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Ford CDR (CAD Hedged)
Symbol F
Shares Issued 300,000
Close 2026-01-16 C$ 11.68
Market Cap C$ 3,504,000
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Globe says Honda, rivals see Ford warn on "spy car"

2026-01-19 06:55 ET - In the News

See In the News (C-HNDA) Honda CDR (CAD Hedged)

The Globe and Mail reports in its Saturday, Jan. 17, edition that Ontario Premier Doug Ford criticized Prime Minister Mark Carney's deal to lower tariffs on Chinese electric vehicles in exchange for reduced levies on canola, arguing it hurts Canadian workers. The Globe's Laura Stone writes that meanwhile, Western and Atlantic provinces expressed relief that their sectors would not be targeted by Beijing. Mr. Ford labelled the agreement as "lopsided" and urged Mr. Carney to better support Ontario's auto sector. Mr. Ford argued the deal will decimate his province's auto sector by allowing cheap Chinese vehicles to flood the market. "This lopsided deal risks closing the door on Canadian automakers to the American market, our largest export destination, which would hurt our economy and lead to job losses," he said. Mr. Ford said the Prime Minister did not consult with him and called it a "terrible, terrible miscalculated decision" by Mr. Carney. Mr. Ford said: "[The PM] always preaches partnership. This is anything but a partnership." Mr. Ford said the move will "tick off" the Americans, and he believes Canadians would nor be allowed across the U.S. border in a Chinese-made vehicle, which he likened to a "spy car."

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