Canada and the province of Ontario will jointly own a two per cent equity stake in the newly restructured Chrysler. In exchange, the governments will provide $2.42 billion in financing to the struggling automaker.
"Proculation" said I read somewhere yesterday that Ontario wanted to own a majority of shares in GM.
Great, another excuse for McGuinty to squeeze even more money out of Ontarios taxpayers. While we're at it, maybe we should prop up the horseshoe industry.
"ridenrain" said I am so pleased that my tax dollars went to support an American company that I wouldn't dare buy shares in, let alone buy their product.
But, your money is only supporting the Canadian operations
I read somewhere yesterday that Ontario wanted to own a majority of shares in GM.
Assets are available cheap just about now. I heard that Magna might be buying Opel.
I read somewhere yesterday that Ontario wanted to own a majority of shares in GM.
Great, another excuse for McGuinty to squeeze even more money out of Ontarios taxpayers.
I read somewhere yesterday that Ontario wanted to own a majority of shares in GM.
Assets are available cheap just about now. I heard that Magna might be buying Opel.
Stronach wants to give them a leg up (opel), but not buy them. Good move on his part.
I am so pleased that my tax dollars went to support an American company that I wouldn't dare buy shares in, let alone buy their product.
But, your money is only supporting the Canadian operations