12:55:35 EST Fri 06 Feb 2026
Enter Symbol
or Name
USA
CA



Honda CDR (CAD Hedged)
Symbol HNDA
Shares Issued 70,000
Close 2026-02-05 C$ 11.48
Market Cap C$ 803,600
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Globe says Toyota hears PM making Canada more desirable

2026-02-06 07:53 ET - In the News

See In the News (C-TOYM) Toyota CDR (CAD Hedged)

The Globe and Mail reports in its Friday edition that Prime Minister Mark Carney is counting on access to Canada's automotive market being so appealing that foreign carmakers will want to build factories here, irrespective of whether they can export to the United States. The Globe's Adam Radwanski writes that the biggest headline-grabber of the new national automotive strategy released Thursday is the scrapping of electric-vehicle sales requirements put in place under Justin Trudeau in favour of going back to tailpipe emissions standards, which industry generally prefers because they are more flexible. Alongside the return of EV purchase rebates and promised new funds to improve charging infrastructure, it means more carrots and fewer sticks in the transition from gas-fuelled cars. Mr. Carney wants to make the Canadian market more appealing, but it has been a long time since anyone tested whether our market -- the eighth-largest among all countries for new car sales -- is big enough to itself be a draw. There are lots of questions coming out of the announcement about how aggressively the government will now attempt that sort of leverage, and how willing it will be to risk escalating trade tensions in the process.

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