13:35:09 EST Mon 19 Jan 2026
Enter Symbol
or Name
USA
CA



Toyota CDR (CAD Hedged)
Symbol TOYM
Shares Issued 150,000
Close 2026-01-16 C$ 13.12
Market Cap C$ 1,968,000
Recent Sedar+ Documents

Globe says Toyota told China pivot may hit USMCA deal

2026-01-19 08:07 ET - In the News

Also In the News (C-F) Ford CDR (CAD Hedged)
Also In the News (C-HNDA) Honda CDR (CAD Hedged)

The Globe and Mail reports in its Saturday edition that Prime Minister Mark Carney's deal to reduce tariffs on Chinese-made electric vehicles could put Canada on weaker footing as it approaches the coming renegotiation of the U.S.-Mexico-Canada Agreement this year. The Globe's Irene Galea writes that while Canada exports 50 per cent of its cars to the U.S., he said, there is no export opportunity to China. In addition to the cap of 49,000 Chinese EVs, a third-year review involve pledges that China will make joint-venture auto investments in Canada within three years. David Adams, head of Global Automakers of Canada, which represents Toyota, Honda and several other overseas brands, expressed concern that the deal could interfere with coming trade negotiations. The deal "is a departure from the government's position and concerns regarding Chinese EVs, and it is now different than the U.S.," Mr. Adams said. In a release, Unifor national president Lana Payne called the agreement "a self-inflicted wound to an already injured Canadian auto industry," and said that providing access to cheap Chinese EVs, "backed by massive state subsidies," would reward labour violations and unfair trade practices.

© 2026 Canjex Publishing Ltd. All rights reserved.