ST Alpha - "So the report out of Ontario yesterday was Canada would lose up to 580,000 jobs if the Big Three went under... " (Reading a Post)

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So the report out of Ontario yesterday was Canada would lose up to 580,000 jobs if the Big Three went under...

Posted by Name Withheld By Request (aka BlueKopo) Dec 17 '08, 08:57

The report assumes that the Big Three would each shut down completely, that auto parts suppliers would lose 80% of their business, and that the other car manufacturers would not increase their output.

Do we believe this to be possible? Even remotely?

http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20081216/auto_bailout_081216/20081216?hub=CTVNewsAt11 (www.ctv.ca)

Responses:

the auto bail outs piss me off, a lot. -- nm - Elf Andie Dec 17, 09:02
not to that degree, no. -- nm - Reagen Dec 17, 08:58
No. -- nm - Don Homer Dec 17, 08:58

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So the report out of Ontario yesterday was Canada would lose up to 580,000 jobs if the Big Three went under...

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