10:20:06 EDT Mon 29 Jun 2026
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or Name
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CA



Honda CDR (CAD Hedged)
Symbol HNDA
Shares Issued 70,000
Close 2026-06-26 C$ 10.09
Market Cap C$ 706,300
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Globe says Ford hears much depends on trade talks

2026-06-29 06:57 ET - In the News

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

The Globe and Mail reports in its Saturday edition that the GM's Ingersoll, Ont., plant sits idle as does Stellantis's Brampton car plant. The Globe's Eric Atkins writes that the two automakers have not ruled out the chances they will make vehicles again. Industry experts and labour officials say the factories' futures hinge on U.S. trade talks to alleviate President Donald Trump's Section 232 tariffs and renew the free-trade deal. Mr. Trump has said the U.S. doesn't need Canada's cars, ignoring the decades-long interwoven supply chains that enable efficient, tariff-free trade. Countries in the U.S.-Mexico-Canada Agreement must decide by July 1 whether to continue, let it expire or review it annually. Lana Payne, head of the union for Canadian auto workers, said securing new vehicles for Ingersoll and Brampton will be a key demand when Unifor negotiates with the automakers in the coming weeks. In bilateral talks with Mexico, the U.S. has signalled it is looking at increasing U.S. content in cars, but has yet to commence discussions with Canada. Meanwhile, tariffs on cars made in Canada or Mexico exceed $1,600 (U.S.) a vehicle. That doesn't include duties on the steel and aluminum used to make the components.

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