10:07:19 EST Thu 12 Nov 2026
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Ford CDR (CAD Hedged)
Symbol F
Shares Issued 800,000
Close 2026-11-11 C$ 10.285
Market Cap C$ 8,228,000
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Globe says Honda hears Stellantis did not keep its word

2026-11-12 08:42 ET - In the News

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

The Globe and Mail reports in its Thursday, Nov. 12, edition that when Stellantis idled its Brampton, Ont., auto plant in 2023, it sent 3,000 employees home to wait out a retooling that never happened. The Globe's Eric Atkins writes that Stellantis has moved vehicle production to Illinois and sold the factory to defense contractor Roshel, angering Unifor and federal politicians, who said the automaker violated terms of the agreement that gave it taxpayer money to work on the plant. Stellantis said this week it has offered to return the undisclosed amount of money. Ottawa says Stellantis has violated the terms of the agreement that allowed it to tap taxpayers' money for the retool of the plant. Details of the funding arrangement are confidential. The federal government gave as much as $529-million to Stellantis for work on plants in Brampton and Windsor, Ont. Spokesman for Industry Minister Melanie Joly, Mathis Denis, said: "The minister believes that Stellantis is no longer acting in good faith to address the breach of their agreement and advance the resolution process. ... This is not the outcome we wanted, and we have no choice but find Stellantis in default of their obligation."

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