12:15:47 EDT Thu 02 Jul 2026
Enter Symbol
or Name
USA
CA



Linamar Corp
Symbol LNR
Shares Issued 59,147,532
Close 2026-06-30 C$ 100.57
Market Cap C$ 5,948,467,293
Recent Sedar+ Documents

Globe says Magna, rivals see PM play down trade talks

2026-07-02 07:41 ET - In the News

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

The Globe and Mail reports in its Wednesday edition that Prime Minister Mark Carney said he's not expecting to sign a renewal of Canada's trade deal with the United States and Mexico. A triple-bylined item led by Adrian Morrow says that representatives from the three countries were to meet virtually on Wednesday for the scheduled six-year review of the agreement. Canada and Mexico had both wanted to extend the U.S.-Mexico-Canada Agreement for another 16 years, but the U.S. has signalled that it wants to renegotiate the deal. That means the agreement will remain in place, but move into a period of annual reviews, setting the stage for protracted trade talks and continuing uncertainty for businesses. The Wednesday meeting marks the formal six-year review date. The process was written into the pact, which was agreed to in 2018 and took effect in 2020. Speaking with reporters Tuesday, Mr. Carney played down expectations ahead of the discussions. "I'm not looking for my pen," he said. Since returning to the White House last year, Mr. Trump has repeatedly disregarded his own trade deal. He imposed 50-per-cent tariffs on steel and aluminum, and 25 per cent on autos, all of which are supposed to be tariff-free under USMCA.

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