23:01:03 EST Sun 07 Dec 2025
Enter Symbol
or Name
USA
CA



Martinrea International Inc
Symbol MRE
Shares Issued 72,787,848
Close 2025-10-06 C$ 10.74
Market Cap C$ 781,741,488
Recent Sedar Documents

NP says Magna, rivals still feel brunt of tariffs

2025-10-07 09:13 ET - In the News

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

The National Post reports in its Tuesday, Oct. 7, edition that Canadian sectors, such as steel and aluminum, are still feeling the brunt of tariffs which remain subject to a 50-per-cent levy under Section 232 of the U.S. Trade Expansion Act, as well as softwood lumber, which the Trump administration recently hit with a new 10-per cent-tariff. The Post's Stephanie Taylor writes that the Carney government has focused on securing some sectoral reprieve. With no signs of a tariff deal, Prime Minister Mark Carney is facing increasing pressure from Opposition Conservative Leader Pierre Poilievre, who posted a letter he sent to the PM, calling on him to keep the promise he made to Canadians during the federal election that he would secure a deal with President Donald Trump. Mr. Poilievre wrote: "You promised to 'negotiate a win' and now U.S. tariffs on Canada are twice as high as when you were elected, saying you would get rid of them. You promised 'elbows up,' but then caved on dollar-for-dollar counter-tariffs, the Digital Services Tax and more while winning nothing in return for Canada."

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