12:41:19 EDT Fri 17 Apr 2026
Enter Symbol
or Name
USA
CA



Martinrea International Inc
Symbol MRE
Shares Issued 70,893,671
Close 2026-04-16 C$ 9.22
Market Cap C$ 653,639,647
Recent Sedar+ Documents

Post says Martinrea told fear rises over Chinese EVs

2026-04-17 08:50 ET - In the News

Also In the News (C-LNR) Linamar Corp
Also In the News (C-MG) Magna International Inc

The National Post reports in its Friday edition that criticism is growing over Ottawa's decision to allow Chinese electric vehicles into Canada, with analysts warning against deeper engagement with China. The Post's Jordan Gowling writes that Canadian Vehicle Manufacturers' Association president Brian Kingston says Canada's auto industry relies heavily on integration with North America, particularly the United States, which has been crucial since the auto pact. In January, Prime Minister Mark Carney signed a partnership with China, which included allowing 49,000 Chinese EVs access to the Canadian market. Carmakers argue it will hurt Canadian industry and workers. Mr. Kingston says the hourly wage at a Chinese plant ranges from $2 to $4, compared with about $45 at a unionized vehicle production plant in Canada, which also offers pensions and benefits. Michael Kovrig, a geopolitical adviser, views Canada's new partnership with "deep concern," saying that while the green transition and countering U.S. tariffs are important, China is not the answer. Ontario Premier Doug Ford has argued that Chinese companies could send "knock-down kits" to assemble their cars in Canada, effectively shutting out domestic parts companies.

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