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Old 12-19-2008, 07:44 PM
dreamy dreamy is offline
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Default Automakers bailout - how will it reflect in Canada

With the bailout for the big three automakers in USA granted do you think the automakers will fire some of its workers here in Canada?
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Old 01-05-2009, 05:12 PM
Canadian Canadian is offline
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With the bailout for the big three automakers in USA granted do you think the automakers will fire some of its workers here in Canada?
I don't know about layoffs, but I hope that the overpaid union auto workers, get serious wage decreases. What happened is that the Canadian government gave our tax money to a money losing businesses, which produce sub-par cars that nobody wants to buy. Sooner or later these companies will be bankrupt and this bailout was simply a waste of tax payers money.
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Old 01-06-2009, 04:11 PM
Steven Steven is offline
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If the big 3 lower their employees’ salaries, they might survive. Another thing they will need is quality and competitive cars.
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Old 01-06-2009, 04:28 PM
Canadian Canadian is offline
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If the big 3 lower their employees’ salaries, they might survive. Another thing they will need is quality and competitive cars.
I don't think so. It will be really hard for these companies to become profitable, and they'll need more handouts in a very near future.
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