Ottawa offers manufacturers help; they want more

Newswire

By Robert Melnbardis OTTAWA, Feb 26 (Reuters) - Canada's budget offered new fiscal help for the country's ailing manufacturing sector on Tuesday, but industry groups said it would not be enough to offset the impact of a strong domestic currency, slumping U.S. economy and low-cost global competitors. Introducing his fiscal 2008-09 budget, Canadian Finance Minister Jim Flaherty said he would devote C$250 million over five years to research and development by the automotive sector. He ...

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