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THE AUTO INDUSTRY BAILOUT

Canada: No aid for automakers without solid plan

OTTAWA (Reuters) -- The Canadian government will not hand over public money to troubled automakers until they present a solid business plan, Industry Minister Tony Clement said today.

"On this side of the House, we want real, accountable, solid business plans before we spend taxpayers' money," Clement told the House of Commons when asked when the Conservative government would aid the struggling auto sector.


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