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More cash for GM?

Ontario’s Liberal government is prepared to give General Motors moretaxpayers’ money for new projects despite thousands of layoffs recentlyannounced by an automaker ...

Ontario’s Liberal government is prepared to give General Motors more taxpayers’ money for new projects despite thousands of layoffs recently announced by an automaker that’s already received $235 million from the province, Premier Dalton McGuinty said yesterday.


GM wants the Ontario and federal governments to contribute $140 million toward a new engine plant in St. Catharines and a new research and development centre in Oshawa.


McGuinty said Ontario has no choice because of “stiff” competition from several American states that are also suffering job losses in manufacturing.

 
 
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