Having requested an estimated C$6 billion ($4.8 billion) in financial aid from Canada’s federal government and the province of Ontario, Detroit-based auto makers are idling. Documents detailing the need for assistance, a combination of loans and credit lines, are in the hands of a Harvard-educated Canadian lawyer named “special advisor on auto restructuring.” Jim Arnett, who also chairs Ontario’s publicly-owned power company, Hydro One Inc., was appointed by both levels of government to ...
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