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<blockquote data-quote="Alberta farmer" data-source="post: 605976" data-attributes="member: 8978"><p>Canada announced yesterday they are going to give the auto makers $3.5 Billion. We have about 10% population of the USA so an equivalent of $35 billion in the USA. We have about 20% of big three production so we are in the ballpark for the $14-$15 billion the USA is spending. This is just the first part of the bailout and Canadian officials have said they will move in lockstep with the American government.</p><p>Not sure if this is fair to the other carmakers like Toyota or Honda that build cars here? Seems the government is picking winners and losers?</p><p>The sad fact is nobody is buying cars? Anywhere! The Canadian plants are shutting down production for six weeks to try to reduce the glut of new cars/trucks. Hopefully this crazy economy can get turned around in 09 and people can start buying again? I think these car companies need some help getting over a rough spot...just my opinion.</p></blockquote><p></p>
[QUOTE="Alberta farmer, post: 605976, member: 8978"] Canada announced yesterday they are going to give the auto makers $3.5 Billion. We have about 10% population of the USA so an equivalent of $35 billion in the USA. We have about 20% of big three production so we are in the ballpark for the $14-$15 billion the USA is spending. This is just the first part of the bailout and Canadian officials have said they will move in lockstep with the American government. Not sure if this is fair to the other carmakers like Toyota or Honda that build cars here? Seems the government is picking winners and losers? The sad fact is nobody is buying cars? Anywhere! The Canadian plants are shutting down production for six weeks to try to reduce the glut of new cars/trucks. Hopefully this crazy economy can get turned around in 09 and people can start buying again? I think these car companies need some help getting over a rough spot...just my opinion. [/QUOTE]
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