Auto restructuring to affect potential output-BoC

Newswire

OTTAWA, April 28 (Reuters) - Efforts to restructure ailing auto makers General Motors Corp and Chrysler [CBS.UL] will directly affect potential output growth in Canada, Bank of Canada Governor Mark Carney said on Tuesday. "The relative success of any restructuring efforts will directly impact -- it's an important enough sector ... our potential output growth in Canada, the speed limit of our economy, if you will," he told the House of Commons finance committee. The Bank of Canada said in ...

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