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Toyota CDR (CAD Hedged)
Symbol TOYM
Shares Issued 150,000
Close 2026-10-16 C$ 10.99
Market Cap C$ 1,648,500
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FP/wire say Toyota sticking with Canada

2026-10-19 09:19 ET - In the News

The Financial Post reports in its Saturday edition that Toyota's latest compact crossover will roll out of a plant in Ontario starting in December, a sign of the Japanese automaker's commitment to making cars in Canada at a time when U.S. rivals are shrinking production in the country. A Bloomberg dispatch to the Post says the updated, hybrid-only Lexus NX is one of three models made at Toyota's 38-year-old factory in Cambridge, Ont., along with the Toyota RAV4 crossover and Lexus RX SUV. While some of those are sold locally, about 85 per cent are earmarked for export -- mostly to the much larger and more lucrative U.S. market. It also builds the RAV4 at another Ontario plant nearby. The plants produced a combined 537,518 vehicles last year, making Toyota the largest carmaker in Canada. The U.S. is a crucial market for vehicles made in Canada and the sector has been hit hard by President Donald Trump's tariffs on imports, which have eroded profitability and spurred some carmakers to downsize their operations in the country. The White House has threatened to increase tariffs on cars to 50 per cent if a broader trade deal isn't reached by Jan. 1. All of Toyota's Canadian factories are running at or close to full capacity.

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