GM Canada layoffs reflect weak US market - Ottawa

Newswire

CALGARY, Alberta, Aug 30 (Reuters) - The decision by General Motors of Canada to cut about 1,100 jobs at a truck plant in Ontario reflects a weak U.S. market, Canadian Finance Minister Jim Flaherty said on Thursday. "This particular product, the larger pickup trucks ... are used a lot by entrepreneurs in the construction business and so on, so that's a weak market right now," he told reporters in Calgary. "The American market has been weak on the auto side, the Canadian market has been ...

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