Ford of Canada Statement
The Canadian and Ontario governments today announced its intention to provide support to the country's auto industry
"The Canadian and Ontario governments have demonstrated strong leadership in the decision to support the country's auto sector. At Ford of Canada, we are well on our way to transforming our company and do not need immediate access to government loans. Instead, we have asked the government for a "stand-by" line of credit to be used only if the current economic crisis worsens.
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