Canada to the rescue - Page 3

*TAG UR IT* · 12-13-2008, 12:35 AM

Quote:

Originally Posted by SQUALO

Canadian Gov't to the rescue with partial bailout, and this will be putting pressure on the U.S.

http://toronto.ctv.ca/#TopVideoAn (Click "Play" under 'Lead Story" & CTV News @ 6p.m. for Friday Dec 12 to the right under "CTV Video Player"

http://toronto.ctv.ca/servlet/an/loc...TorontoNewHome

This amout is 20% of the U.S. amount. Once the U.S. Gov't gets their act in gear, the Canadian gov't will increase their loans as time goes on.
CTV news also reported that the car plants will close for all of January and return on February 9th, however they said "The Camaro Plant will remain open." that was a direct quote

Weight dropped from shoulders just now!

Quote:

Originally Posted by fastball

Love ya, Canada! THANK YOU!

WOO HOO!!!

Quote:

"The Camaro Plant will remain open." that was a direct quote

Ok...I can not find this for the life of me...where...what video...what's the video titled?, etc.

FirstLSK · 12-13-2008, 10:10 AM

Thanks Canada. It is really disheartening to know that other countries see the value of the American auto makers, where our own porked out government is only interested in blindly giving over 700 BILLION to the banking industry, who in turn invests it in parties (AIG), and the Chinese economy (Bank of America).

Thanks again Canada.

Hylton · 12-13-2008, 10:30 AM

Quote:

Originally Posted by dayvedayve

Hey Mexico, you got Big 3 plants in your country. Time to step up also. Remember all the money NAFTA has sent your way. Time to return the favor, Por Favor !

But that would mean less money for bribes....

SQUALO · 12-13-2008, 12:34 PM

On behalf of myself, as a PROUD CANADIAN, I would like to thank ALL of our Southern supporters with their gratitude & kind words for our Government stepping up to the plate. I hope the U.S. gets on board very soon and the two governments can work in tandem to save what is one of the most important industries in the world.

SoFlaZ · 12-13-2008, 12:43 PM

I'm gonna move to Canada! But I don't think I could take the cold.
Come on Mexico, help us out!
Whats GM's other worldwide brands going to do if GM fails? like Holden, Opel, Vauxhaul?

I'm sorry for listening to Weird Al's "Canadian Idiot" song, the green day spoof.

SQUALO · 12-13-2008, 03:40 PM

Hey, How dare you move this thread to the "General Auto + Other Cars discussion"

This issue about money, may seem like it only has to do with the state of company, BUT, it has EVERYTHING to do with the future of the Gen5 Camaro and members should be able to post their thoughts here.

*Mr. Wyndham* · 12-13-2008, 03:48 PM

I can't believe other countries are doing all this for the Big three...and we're not. Ugh, I'm so frustrated and embarrassed I want to cry.

Maybe this will 'encourage' the US gov't to do something....

Quote:

Originally Posted by SQUALO

Hey, How dare you move this thread to the "General Auto + Other Cars discussion"

This issue about money, may seem like it only has to do with the state of company, BUT, it has EVERYTHING to do with the future of the Gen5 Camaro and members should be able to post their thoughts here.

Because it's about General Motors, Ford, and Chrysler....not just the Camaro? As much as we like the car, there's much more at stake, and we're (mods) trying to keep the 5thgen forums about the 5thgen....also, this location doesn't prevent any members from posting in here.

SilverTurtle · 12-13-2008, 03:48 PM

well thank God SOMEONE has a clue and did something... how sad is it that even OTHER COUNTRIES are doing more for our auto industry than the US Government is... that's just pathetic... I'll never understand how our Congress can do so many stupid things in a 120day period.

SSmoked · 12-13-2008, 04:11 PM

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.

*Mr. Wyndham* · 12-13-2008, 04:14 PM

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.

It's the only place it can come from. The only money the gov't of any country can loan out comes from taxpayers. It will be the same situation down here once the treasury agrees to tap that stupid 700 billion pool of money.

NAHURRY · 12-13-2008, 04:43 PM

God Bless Canada....

NAHURRY · 12-13-2008, 04:45 PM

Quote:

Originally Posted by dayvedayve

Hey Mexico, you got Big 3 plants in your country. Time to step up also. Remember all the money NAFTA has sent your way. Time to return the favor, Por Favor !

:updown::updown:

*DGthe3* · 12-13-2008, 07:57 PM

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.

vikingscout · 12-13-2008, 11:09 PM

If Canada gets me my Camaro, I will move to Canada to show my loyalty.

12-13-2008, 03:48 PM	#36
SilverTurtle Reality Check Specialist Drives: '02 Z28, 2012 45th SS Join Date: Jan 2007 Location: ATX Posts: 1,730	well thank God SOMEONE has a clue and did something... how sad is it that even OTHER COUNTRIES are doing more for our auto industry than the US Government is... that's just pathetic... I'll never understand how our Congress can do so many stupid things in a 120day period. __________________ got tequila?

12-13-2008, 04:11 PM	#37
SSmoked Drives: '12 Camaro ZL1 #1255 Join Date: Feb 2007 Location: O' Canada Posts: 1,279	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. __________________

12-13-2008, 11:09 PM	#42
vikingscout Drives: order2Lt RS SilverMetallicIce Join Date: Dec 2008 Location: Colorado Springs Posts: 18	Moving to Canada! If Canada gets me my Camaro, I will move to Canada to show my loyalty.

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12-13-2008, 10:10 AM	#30
FirstLSK Dude, I love my car !!!! Drives: 2010 Black 2SS/RS white rally Join Date: Oct 2008 Location: DFW Posts: 811	Thanks Canada. It is really disheartening to know that other countries see the value of the American auto makers, where our own porked out government is only interested in blindly giving over 700 BILLION to the banking industry, who in turn invests it in parties (AIG), and the Chinese economy (Bank of America). Thanks again Canada.

12-13-2008, 12:34 PM	#32
SQUALO Drives: CHEVROLET Join Date: Jul 2008 Location: YKZ, CAN. Posts: 4,258	On behalf of myself, as a PROUD CANADIAN, I would like to thank ALL of our Southern supporters with their gratitude & kind words for our Government stepping up to the plate. I hope the U.S. gets on board very soon and the two governments can work in tandem to save what is one of the most important industries in the world.

12-13-2008, 12:43 PM	#33
SoFlaZ Drives: 2013 SS LS3 Join Date: Feb 2007 Location: WPB FL Posts: 947 View My Garage	I'm gonna move to Canada! But I don't think I could take the cold. Come on Mexico, help us out! Whats GM's other worldwide brands going to do if GM fails? like Holden, Opel, Vauxhaul? I'm sorry for listening to Weird Al's "Canadian Idiot" song, the green day spoof.

12-13-2008, 03:40 PM	#34
SQUALO Drives: CHEVROLET Join Date: Jul 2008 Location: YKZ, CAN. Posts: 4,258	Hey, How dare you move this thread to the "General Auto + Other Cars discussion" This issue about money, may seem like it only has to do with the state of company, BUT, it has EVERYTHING to do with the future of the Gen5 Camaro and members should be able to post their thoughts here.

12-13-2008, 04:43 PM	#39
NAHURRY Love's to Detail Drives: 2010 SS,97silverado/08crewcab Join Date: Oct 2008 Location: Greenville SC. Posts: 1,421	God Bless Canada....