GM plant in Oshawa, Ont., to shut down | CBC

by Faiz Ahmed last modified 2018-11-26T08:41:13-04:00
"In 2009, as part of an effort to bailout the auto sector, GM received several billion dollars in loans and support from the Canadian and Ontario governments as it went through bankruptcy protection. In October, Export Development Canada, the national export credit agency, showed there was an outstanding loan to GM Corp. for more than $1 billion. The loan also appears to be attributed to a bankrupt version of the firm that was split off from a viable version of GM that year."
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