Monday, December 22, 2008
Canada offers $3.29 billion bailout to Canadian subsidiaries of US automakersThe
federal and Ontario governments will provide the Canadian subsidiaries
of the Detroit Three automakers with 4 billion Canadian dollars ($3.29
billion) in emergency loans, the prime minister said Saturday.The announcement follows a pledge Friday by U.S. President George W. Bush to offer $17.4 billion in emergency loans... [read more]
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