12:07:10 EST Mon 23 Feb 2026
Enter Symbol
or Name
USA
CA



Linamar Corp
Symbol LNR
Shares Issued 59,512,495
Close 2026-02-20 C$ 93.53
Market Cap C$ 5,566,203,657
Recent Sedar+ Documents

Globe says Magna, rivals see SC quash Trump's tariffs

2026-02-23 08:19 ET - In the News

See In the News (C-MG) Magna International Inc

The Globe and Mail reports in its Saturday, Feb. 21, edition that the U.S. Supreme Court has upheld rulings that President Trump's use of the International Emergency Economic Powers Act to impose tariffs is unconstitutional and must end. The Globe's guest columnist Carlo Dade writes that most tariffed Canadian exports remain unaffected by Friday's ruling, which is still significant for Canada. The data show that a shared national problem will now become more fragmented and regional. The shift in U.S. tariffs will necessitate new policy approaches in Canada, with varying provincial responses to meet both domestic and U.S. needs. The U.S. Supreme Court faces a complicated question: Has Congress delegated its tariff-imposing power to the President, effectively abdicating its responsibility? The President now has the ability to impose tariffs on any item, for any amount, duration or reason, by declaring an international emergency, a definition he alone controls. Worse, the ability to credibly threaten to impose tariffs at will does more damage than the actual tariffs. A fixed tariff is manageable, but an unpredictable one creates uncertainty that undermines a business's ability to adapt and is more damaging.

© 2026 Canjex Publishing Ltd. All rights reserved.