Friday, September 26th, 2008
On September 3rd (with a federal election looming) Steven Harper announced his Government’s decision to “invest” 80 million dollars into Ford’s future. Everyone looked happy: The Government of Ontario, the Opposition, the CAW… The Opposition and the CAW said that this decision was long overdue. Canada’s Industry Minister Jim Prentice claimed that this “investment” will help make the Canadian automobile industry more competitive and will “create or sustain” up to 750 jobs. A week later came another sobering announcement: Ford announced the elimination of one of its shifts and the layoff of 500 workers from the same plant where Jim Prentice had made his announcement the week before.
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Tags: Auto industry, Canada, Ford, Jobs, Ontario, Subsidies
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