The New York Times leaked a story yesterday afternoon that Chrysler is set to seek court protection in the U.S. next week. The story suggests that the terms of the agreement have already been set and that part of the agreement will be the the U.S. government will assume pension liabilities.
Just yesterday, our beloved premier spoke to demonstrating G.M. and Chrysler retirees and assured them all is well. Yet neither his nor the Harper government have been forthcoming with plans should one or both companies (as seems likely) seek court protection.
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