Something I learned was that the country of Canada also now has a share in General Motors. In exchange for $9.5 billion in aid, the government of Canada will receive 12% ownership. The U.S. owns 60% and Canada 12%. Will we get to share in the profits as well?
GM Numbers
Paul Kiel at ProPublica has some interesting numbers on the GM bankruptcy bailout takeover.
Something I learned was that the country of Canada also now has a share in General Motors. In exchange for $9.5 billion in aid, the government of Canada will receive 12% ownership. The U.S. owns 60% and Canada 12%. Will we get to share in the profits as well?
Something I learned was that the country of Canada also now has a share in General Motors. In exchange for $9.5 billion in aid, the government of Canada will receive 12% ownership. The U.S. owns 60% and Canada 12%. Will we get to share in the profits as well?
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