Monday, December 22, 2008
Canada
will follow the United States by providing C$4 billion ($3.3 billion)
in emergency loans to the Canadian arms of Detroit's ailing automakers
to keep them operating while they restructure their businesses, Prime
Minister Stephen Harper said on Saturday.
The package, announced by
Harper and Ontario Premier Dalton McGuinty, comes a day after the White
House unveiled a $17.4 billion package... [read more]
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