The governments of Canada and Ontario may contribute around C$13 billion (US$11.6 billion) in bailout funds to troubled automakers General Motors Corp. and Chrysler LLC.
Of this amount, C$10 billion may be used to bailout General Motors Corp., triple of that of the original amount pledged last December. The governments may also provide up to C$3.8 billion in loans to Chrysler Canada.
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news Canada may contribute C$13 billion in auto-maker bailouts; Cars Blog
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Privacy & DMCA Policy 20090528-231548-Canada-may-contribute-C13-billion-in-auto-maker-bailouts auto bailouts 'Canada may contribute C$13 billion in auto-maker bailouts'
