17:21:07 EST Wed 21 Jan 2026
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Martinrea International Inc
Symbol MRE
Shares Issued 72,009,150
Close 2026-01-20 C$ 10.38
Market Cap C$ 747,454,977
Recent Sedar+ Documents

Globe says Linamar, rivals hear Moe gush about Carney

2026-01-21 07:17 ET - In the News

See In the News (C-LNR) Linamar Corp

The Globe and Mail reports in its Wednesday edition that Saskatchewan Premier Scott Moe says Ottawa's agreement with China regarding canola tariffs is a "good deal for Canada." The Globe's Kate Helmore writes that this comes after Ontario Premier Doug Ford criticized the arrangement, claiming it would negatively impact his province's auto industry. The deal slashed China's tariffs on canola from a combined 84 per cent to 15 per cent. Tariffs on canola meal, peas and some seafood products were also eliminated until at least the end of the year. In exchange, Canada will allow 49,000 Chinese-made electric vehicles into Canada at a low tariff rate. Beijing's tariffs on agricultural goods were retaliation for Ottawa's 100-per-cent levies on Chinese EVs. Mr. Ford criticized the deal, saying an influx of affordable Chinese vehicles will undermine Ontario's automotive industry. "So much for the partnership," Mr. Ford said during a speech in Toronto. While the deal immediately benefits Saskatchewan's $6.7-billion canola industry, Mr. Moe said Beijing and Ottawa's truce will benefit the entire country in the long term. On Tuesday, China also lifted its years-long tariffs on Canadian beef. Beef is a $7-billion industry in Alberta.

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