04:32:41 EDT Mon 20 Apr 2026
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Linamar Corp
Symbol LNR
Shares Issued 59,447,985
Close 2026-04-13 C$ 88.47
Market Cap C$ 5,259,363,233
Recent Sedar+ Documents

FP says Linamar, others have reason to fear Chinese EVs

2026-04-14 09:25 ET - In the News

Also In the News (C-MG) Magna International Inc
Also In the News (C-MRE) Martinrea International Inc

The Financial Post reports in its Tuesday edition that Prime Minister Mark Carney has hailed the impending arrival of Chinese-made electric vehicles as a way to bring affordable cars to the country and as a way "to protect and create new auto manufacturing careers for Canadian workers." The Post's Gabriel Friedman writes, however, that many within the auto sector fear the opposite, that Chinese EV makers will build scaled-down plants that displace existing carmaking and erase thousands of jobs. Among the biggest fears, voiced by everyone from labour union officials to Ontario Premier Doug Ford, is that Chinese companies could send "knock-down kits," sometimes referred to as CKDS (complete knock downs). In the worst case, these vehicles would be entirely manufactured in China, but shipped to Canada as a kit for final reassembly, creating a void for the network of auto-parts companies in Ontario that sell components and services to the assembly plants located there. Federal Industry Minister Mélanie Joly has also voiced opposition to the plan to ship cars in kits to Ontario, but the federal government has revealed little about how its plan for China to ship 49,000 EVs to Canada at a 6.1-per-cent duty rate will work.

© 2026 Canjex Publishing Ltd. All rights reserved.