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Reuters: Canada unveils C$4 bln plan to help auto industry

Started by chris, December 20, 2008, 07:59:23 PM

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Canada unveils C$4 bln plan to help auto industry
      


TORONTO (Reuters) - 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.<div class="feedflare">
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