Our report for Linamar is updated and rated (lower) Buy at $68.65. Its results in 2020 are not indicative of normal because of the pandemic. But even with the pandemic it has done okay. There was a loss in Q2 despite the federal wage subsidy but they were profitable in Q3. They got a large federal wage subsidy in Q3 but would have been profitable (although down from Q3 2019) even without the wage subsidy. Linamar is likely to continue to be cyclic and volatile. But it looks like a good investment for the long term. It is very well managed and has been a great Canadian success story.