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Canadian auto billionaire's fortune rebounds despite US tariffs

Linda Hasenfratz, CEO of Linamar Corp., has seen her net worth nearly double to $1.8 billion, recovering from a dip caused by US tariffs. The company's stock has rebounded significantly, outperforming the broader market. This resilience is largely due to auto parts being exempt from tariffs under the existing trade agreement between the US, Canada, and Mexico, which ensures a substantial portion of Linamar's earnings remain tariff-free. AI

RANK_REASON Significant financial news about a major company's performance and its CEO's net worth, influenced by geopolitical trade policy. [lever_c_demoted from significant: ic=1 ai=0.1]

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Canadian auto billionaire's fortune rebounds despite US tariffs

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Significant financial news about a major company's performance and its CEO's net worth, influenced by geopolitical trade policy. [lever_c_demoted from significant: ic=1 ai=0.1]
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52 days old
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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Ari Altstedter, Bloomberg ·

    Canadian auto billionaire’s fortune doubles even with US tariffs

    Shares of Linda Hasenfratz's Linamar climbed 27% in 2026 after Trump's tariffs spared auto parts, which make up more than 60% of its earnings.