Canadian auto bailout cost $474000 per GM employee

Fraser Institute report


Canadian auto bailout cost $474,000 per GM employee. It wasn’t just the U.S. government that wasted money on auto bailouts in 2009. The Canadians also jumped in with both feet.

This post was last modified on January 26, 2021

J.P. Travis: Born and raised in Grand Rapids, Michigan, 1976 graduate of University of Michigan, father, grandfather, husband, founder and CEO of Travelyn Publishing (http://www.travelynpublishing.com/), and passionate anti-government believer in individual liberty.

View Comments (5)

  • But it should be expected there, it's an openly socialist country, they're supposed to do really stupid things. The US, on the other hand, is SUPPOSED to be a free country.

  • I guess they were just awash in money after giving away all that free internet.

      • I don't care what side of the border it is, GM is still not out of debt, they are still gov't controled, & will eventually fail in the end.

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