Magna International
Magna International Inc. is a Canadian company based in Aurora, Ontario. It is Canada's largest automobile parts manufacturer and one of the country's largest companies.
The company was founded by Frank Stronach. Mainly based in southern Ontario the company makes auto parts that are primarily supplied to the large American companies operating in Canada and the United States. In 1988, Stronach ran as a candidate for parliament for the Liberal Party.
The firm is also known for its political connections having former Premiers of Ontario of every stripe on its board as well as connections with numerous other former politicians. In 2003 the Ontario Progressive Conservative Party presented the provincial budget at a Magna plant leading to accusations that the government was violating centuries of parliamentary tradition. In 2004 Stronach's daughter and former company head Belinda Stronach ran for the leadership of the Conservative Party.
