Magna International’s Far-Reaching Influence and Opportunistic Strategies Amidst Canadian Economic Landscape
Magna International's Far-Reaching Influence and Opportunistic Strategies Amidst Canadian Economic Landscape Magna International's Far-Reaching Influence and Opportunistic Strategies Amidst Canadian Economic Landscape. Frank Stronach comments on Canada's shift towards a neo-feudal state due to the expanding wealth gap, backed by recent data. The third quarter of 2023 report from Statistics Canada shows a[ ► ]
Magna Invests Over $470M in Ontario Expansion, Creating 1,000+ Jobs and New EV Battery Facility
Magna International Invests Over $470M in Ontario Expansion, Creating 1,000+ Jobs and New EV Battery Facility. Magna is significantly expanding its operations in Ontario, Canada, with an investment exceeding $470 million. This expansion includes a newly established battery enclosures facility in Brampton, aimed at supporting the Ford F-150 Lightning and future projects[ ► ]