Canada sets Dec. 5 deadline for automakers plans

Newswire

By Allan Dowd VANCOUVER, British Columbia, Nov 28 (Reuters) - The Canadian and Ontario governments told the Big Three automakers on Friday to submit restructuring plans by Dec. 5 if they want to receive taxpayer assistance from Canada. In letters to Ford Motor Co , General Motors Corp and Chrysler LLC, the governments said they understood the industry's economic importance but needed know how their Canadian operations would be made viable for the long term. "Before we consider ...

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