Politics Briefing: Ottawa approves B.C.'s request to prohibit use of illicit drugs in public [Globe and Mail, The (Toronto, Canada)]
Magna International, Inc. (MGA)
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Source: Globe and Mail, The
drugs, addressing an issue that had led to sustained criticism of the Prime Minister and his government by the Official Opposition. Addictions Minister Ya'ara Saks announced the development ahead of Question Period today in an exchange with journalists on Parliament Hill. “We have said yes, and it is effective immediately,” the Minister said. The B.C. government had asked Health Canada to amend an exemption that decriminalized hard drugs in that province to make public drug use illegal once again. Toward the end of April, Premier David Eby asked for the exemption to be amended to recriminalize the use of those drugs in public spaces, such as hospitals and parks, after concerns from police and health workers and a backlash from the public. The province was more than a year into a three-year pilot project to decriminalize possession of small amounts of certain illegal drugs, including heroin, fentanyl, cocaine and methamphetamine. A Health Canada exemption was issued to allow
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- Magna International Inc. (NYSE: MGA) had its price target lowered by analysts at Morgan Stanley from $65.00 to $60.00. They now have an "overweight" rating on the stock.MarketBeat
- Magna International Inc. (NYSE: MGA) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
MGA
Earnings
- 5/3/24 - Miss
MGA
Sec Filings
- 5/10/24 - Form 6-K
- 5/6/24 - Form 6-K
- 5/3/24 - Form 6-K
- MGA's page on the SEC website