Canada also gave them bail out money.
Dennis:mad:
From: http://www.jayski.com/cupnews.htm
Canada adds bailout money to GM & Chrysler: General Motors Corp. and Chrysler LLC will get $4 billion Canadian ($3.3 billion U.S. dollars) in government loans from Canada and the province of Ontario. General Motors' Canadian unit will receive C$3 billion while Chrysler is set to get C$1 billion. Borrowers must accept limits on executive compensation and also report "material transactions in excess of C$125 million or more," the U.S. and Canadian governments said in a joint statement. Canada's aid builds on the $13.4 billion in U.S. emergency loans announced by President George W. Bush. Canadian Industry Minister Tony Clement on Dec. 12 pledged to offer GM, Chrysler and Ford Motor Co.'s Canadian units federal and provincial aid "proportional" to the their contribution to North American production, which is about 20 percent.(Bloomberg News)(12-21-2008)