If Canada can loan 3.5B, America can loan 15B.
Quote:
Originally Posted by SSmoked
im proud to be a canadian 
this is nice and all but from what i hear from people is that this new funding for the big 3 is coming out of our taxes. i hope to god its not but i cant see anyother way that canada can afford to bail em out. someone in canada correct me if im wrong. |
Its as much their tax money as yours or mine. New car sales from the big 3 generated $1.8B in GST revenue last year.