
Foreign banks that are crucial to the success of the asset-backed commercial paper restructuring are pressuring Ottawa and the other players involved in the $32-billion plan to finish it by Monday or face the possible failure of the deal and huge...

Chrysler Canada’s southern Ontario assembly plants have halted production indefinitely while its parent company restructures under bankruptcy protection in the United States.
The Canadian federal and Ontario governments will jointly hold a 2 percent equity stake in a restructured Chrysler Canada and will lend almost 4 billion Canadian dollars ($3.3 billion) to help the beleaguered company while it is in bankruptcy proceedings,
The Canadian and Ontario governments will jointly hold a 2 percent equity stake in a restructured Chrysler Canada and will lend about 3 billion Canadian dollars (US$2.42 billion) to help the beleaguered company while it is in bankruptcy proceedings.
Talks between the Canadian Auto Workers and Chrysler are showing progress and an announcement could come Thursday, said Ontario’s economic development minister.
The New York Power Authority is exploring whether wind power projects are possible off the shores of lakes Erie and Ontario.
The Canadian subsidiaries of General Motors Corp. and Chrysler LLC are expected to request more aid when they release their restructuring plans later this week, Ontario’s provincial premier said Wednesday.
Ontario provincial police say they rescued two children and arrested 31 people in what they are calling the largest child pornography investigation in the province’s history.
The federal and Ontario governments will provide the Canadian subsidiaries of the Detroit Three automakers with $3.29 billion in emergency loans, the prime minister said Saturday.
The federal and Ontario governments have announced a 4 billion Canadian dollars ($3.29 billion) bailout package for the Canadian subsidiaries of the Detroit Three automakers.
Canada’s federal government and the province of Ontario agreed Friday to provide $3.5 billion Canadian dollars ($2.8 billion) for the Canadian auto industry.
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