08:41:30 EDT Thu 10 Sep 2026
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Martinrea International Inc
Symbol MRE
Shares Issued 69,974,759
Close 2026-09-09 C$ 10.19
Market Cap C$ 713,042,794
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Globe says Magna hears talks may drag on for a while

2026-09-10 04:25 ET - In the News

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

The Globe and Mail reports in its Thursday, Sept. 10, edition that Canada's former envoy to the United States, Kirsten Hillman, said Wednesday that it could take months for Ottawa and Washington to resume formal trade talks. The Globe's Steven Chase and Adrian Morrow write that Ms. Hillman said it's not uncommon in difficult negotiations for people to leave the negotiating table "for a while" after an intense period of discussions. She said: "In any trade negotiation, there comes a point when countries articulate their red lines and hold firm to them. Canada has reached that point in these discussions, and the conditions for resuming productive and fruitful talks will require the United States to have a full understanding, appreciation and respect for those red lines." She said the U.S. needs to accept this before formal talks can resume. "The main message that people in the United States need to understand is Canada will not accept a deal that tanks our steel industry, or tanks our auto sector, and nor should we," the former envoy said. Ms. Hillman said the erosion of these industries would also lead to a loss of jobs in the U.S. because sectors in both countries are so interconnected.

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