UPDATE 3-GM, Chrysler get Canadian aid, but told to cut more

Newswire

(Adds details, quotes) By John McCrank and Randall Palmer TORONTO/OTTAWA, March 30 (Reuters) - Canada said on Monday plans set out by the Canadian units of General Motors Corp and Chrysler [CBS.UL] don't go far enough to make them viable, but it offered C$4 billion ($3.2 billion) in bridge loans to tide the automakers over while they restructure. The governments of Canada and the province of Ontario said they would provide Chrysler with C$1 billion, advancing C$250 million right away. ...

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