Auto parts makers have managed to fend off the worst of tariffs

Auto parts makers say the current CUSMA Agreement has helped mitigate the impact of tariffs.

Canadian auto parts companies say the current North American trade agreement is helping them manage headwinds from south of the border, even as tariff disruptions intensified over the past months.

With recent earnings reports from Martinrea International Inc. MRE-T and Linamar Corp. LNR-T , both firms highlighted compliance with the Canada-U.S.-Mexico Agreement as a source of shelter from the harsh tariffs imposed by the United States.

“Despite the myriad of tariffs put in place over the last several months, Linamar can continue to have minimal bottom-line impact. We have some impact in a few areas, but not at a material level,” Linda Hasenfratz, Linamar’s executive vice-chair, said on an