00:23:00 EST Sat 07 Feb 2026
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or Name
USA
CA



Ford CDR (CAD Hedged)
Symbol F
Shares Issued 300,000
Close 2026-01-30 C$ 11.90
Market Cap C$ 3,570,000
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Globe says production at Honda, Toyota remains stable

2026-02-02 05:20 ET - In the News

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

The Globe and Mail reports in its Monday, Feb. 2, edition that Japanese automakers in Canada have shown resilience. The Globe's Eric Atkins writes that a report from the Trillium Network for Advanced Manufacturing reveals that Ontario's auto production dropped from 2.3 million vehicles in 2016 to 1.2 million in 2025, primarily due to declining output from Ford, General Motors and Stellantis. In 2016, four manufacturers each regularly assembled more than 400,000 cars a year in Ontario. By 2025, Honda and Toyota were the only ones to do so, accounting for 77 per cent of Canadian production, the report says. Assembly-plant employment has also plunged, to 23,700 in 2024 from 32,700 in 2015. This does not include the tariff-related job cuts of 2025. But production at plants owned by Honda and Toyota has remained stable even as U.S. President Donald Trump imposed 25-per-cent tariffs on the non-U.S. content of Canadian-made cars. Trillium Network's Brendan Sweeney says the Japanese carmakers have increased production and investments in Ontario recently, making higher-priced cars that contain more advanced technology. Meanwhile, the Detroit Three have scaled back their Ontario operations.

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