Canadian governments to lend to Chrysler Canada

TORONTO – 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 prime minister said Thursday. Prime Minister Stephen Harper made the announcement shortly after President Barack Obama announced that Chrysler Canada’s parent…

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