Word: canadas
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...same event, Ontario Premier Dalton McGuinty said, "The alternative would have been a devastating blow to Ontario families and communities." GM Canada annually buys about $7.2 billion worth of parts from Ontario suppliers, who employ 45,000 workers. These and spin-off jobs would have also been jeopardized by the failure of GM Canada...
Unlike Obama, PM Harper conceded that he is not optimistic about recouping the billions of dollars Canadian taxpayers are giving to GM. Perhaps that's a more realistic approach given that at today's market capitalization on the NYSE, Canada's 12% stake in the automaker is worth a shocking $54 million. (The U.S. and Canadian bailout of the automaker is nearly 130 times the company's present value...
...This is a one-shot deal and we have to be optimistic it will succeed," says Canadian Auto Workers president Ken Lewenza, adding that he had expected the bailout of GM Canada to be larger than the $2.7 billion figure first floated by Ottawa...
...However Canada's willingness to offer as much as it has to GM Canada comes in the face of strong public opposition to the bailout, even in dyed-in-the-wool auto towns like Oshawa and Windsor. "Across Canada opposition to bailing out the car companies is something like 4 to 1," says analyst DesRosiers, who has more than 30 years of auto-industry experience. For $9 billion, he adds, the Canadian government could have asked any of the solvent Japanese or European automakers to build five new car plants in Ontario...
...other hand, found that 35% of those who received online treatment reported that they were "much" or "very much" improved, compared with 50% of those who received in-person group therapy using the same behavioral-cognitive approach at Vincent's sleep clinic at the University of Manitoba in Canada. The benefit of the online strategy, of course, is that it can work for people who don't have access to face-to-face therapy...