12:17:25 EDT Mon 10 Aug 2026
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Linamar Corp
Symbol LNR
Shares Issued 59,121,512
Close 2026-08-07 C$ 105.66
Market Cap C$ 6,246,778,958
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Globe/CP say Magna hears Tories pan PM's trade efforts

2026-08-10 08:02 ET - In the News

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

The Globe and Mail reports in its Monday, Aug. 10, edition that opposition Conservatives are urging Prime Minister Mark Carney to halt concessions for a tariff-free deal. A Canadian Press dispatch to The Globe reports that negotiations have intensified ahead of an Aug. 19 deadline, after which many Canadian exports could face 50-per-cent tariffs. Canada's trade team has met with Trade Representative Jamieson Greer twice in the past two weeks. Mr. LeBlanc's spokesman Gabriel Brunet said talks have broadly covered the newly threatened duties, existing sectoral tariffs and renegotiations of the U.S.-Mexico-Canada Agreement, or USMCA. In a letter to Mr. Carney on Sunday, Conservative Leader Pierre Poilievre and his Canada-U.S. relations critic Shuvaloy Majumdar accused the Prime Minister of routinely caving to President Donald Trump over the past year. Mr. Poilievre and Mr. Majumdar referenced scrapping the digital-service tax, lifting Canada's counter-tariffs and sharing net toll revenue from the Gordie Howe International Bridge. They countered Mr. Carney's assertion that no deal is preferable to a bad one, highlighting job losses in manufacturing-centric Canadian cities reliant on cross-border supply chains.

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