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Magna International Inc
Symbol MG
Shares Issued 272,224,550
Close 2026-06-03 C$ 94.70
Market Cap C$ 25,779,664,885
Recent Sedar+ Documents

NP/wire say Magna sees Hoekstra defend 51st state taunt

2026-06-04 09:19 ET - In the News

Also In the News (C-LNR) Linamar Corp
Also In the News (C-MRE) Martinrea International Inc

The National Post reports in its Thursday, June 4, edition that the U.S. Ambassador to Canada, Peter Hoekstra, stands by his decision to repost President Donald Trump's remark about Canada being the 51st state. A Postmedia dispatch to the Post reports that Mr. Hoekstra told reporters arriving at the Premier's office: "That's a great discussion for the President and the Prime Minister to have. They will set that policy. I have no instructions on the 51st state. If the President and the Prime Minister want to have that discussion, they can have that discussion." Mr. Trump made the remark about the 51st state Monday commenting on a report on the weakness of the Canadian economy. He wrote: "51st state!" Mr. Hoekstra reshared it even as Canadian officials were headed to Washington to advance trade negotiations. His reshare also came as he arrived in Quebec City for a three-day visit. On Monday, he participated in a panel on U.S.-Canada trade. "I represent the President of the United States. He sent that tweet out Monday. We retweet it within 24 hours of the President sending a message, sending America's message about how he feels about Canada and being fully transparent with Canadians about what the President says."

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