I guess it comes as no surprise that once we dipped our toes in the pool, that the Canadians would do the same thing.
Canada will follow the United States by providing C$4 billion ($3.3 billion) in emergency loans to the Canadian arms of Detroit’s ailing automakers to keep them operating while they restructure their businesses, Prime Minister Stephen Harper said on Saturday.
The package, announced by Harper and Ontario Premier Dalton McGuinty, comes a day after the White House unveiled a $17.4 billion package to shore up Detroit’s auto industry.
For once, I wish they weren’t following our lead.
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