14:41:22 EST Fri 06 Feb 2026
Enter Symbol
or Name
USA
CA



Magna International Inc
Symbol MG
Shares Issued 280,242,006
Close 2026-02-05 C$ 72.12
Market Cap C$ 20,211,053,473
Recent Sedar+ Documents

Globe says Linamar hears Carney on right EV track

2026-02-06 07:25 ET - In the News

See In the News (C-LNR) Linamar Corp

The Globe and Mail reports in its Friday edition that Canada's new auto strategy, announced Thursday, signals a shift in Ottawa's approach to electric vehicles. The Globe's guest columnist Romel Mostafa writes that the challenge now is in execution rather than direction. A key pillar of the Prime Minister's new auto strategy is its renewed emphasis on demand-side policy levers to accelerate EV adoption -- a clear departure from current U.S. policy. Mr. Mustafa says that is commendable. His research outlining experiences from leading EV-adopting countries shows that mass uptake hinges on two conditions: the availability of reliable, convenient charging infrastructure and a meaningful narrowing of the price gap between EV and internal-combustion alternatives. When policies support these conditions and push EV sales beyond a critical threshold, adoption accelerates rapidly along an S-curve, driven by peer effects and network spillovers. However, private investment in charging infrastructure is constrained by a classic chicken-and-egg problem -- consumers delay EV purchases without chargers, while investors delay charger deployment without sufficient EV demand, trapping markets below the adoption tipping point.

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