11:17:36 EDT Fri 17 Apr 2026
Enter Symbol
or Name
USA
CA



Toyota CDR (CAD Hedged)
Symbol TOYM
Shares Issued 150,000
Close 2026-04-16 C$ 12.11
Market Cap C$ 1,816,500
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NP says Ford, rivals see criticism on Chinese EVs grow

2026-04-17 08:37 ET - In the News

See In the News (C-F) Ford CDR (CAD Hedged)

The National Post reports in its Friday, April 17, 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. Auto manufacturers argue it will hurt Canadian industry and workers. Mr. Kingston says an estimated hourly wage at a Chinese plant ranges from $2 to $4, compared with about $45 an hour 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." While he can appreciate the need to expedite the green transition, provide cheaper options to consumers and hedge against an unreliable U.S. administration, Mr. Kovrig argues China is not the answer.

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