Feds and province consider auto parts industry bailout

The Canadian Press
Published Thursday, March 19, 2009 8:00AM EDT

TORONTO - The Ontario government says it is seriously considering aid for Ontario's auto parts industry.

A spokesman for Economic Development Minister Michael Bryant says the province and federal government are assessing appeals for aid for parts suppliers.

The Automotive Parts Manufacturers' Association says they desperately need help to get through the year.

Several parts suppliers have shut down operations recently and more will go out of business unless they get immediate government assistance.

The association says a government bailout of GM and Chrysler won't trickle down fast enough to help them.

Photos

CAW workers protest at the site of a shut-down auto parts plant in Windsor, Ont. on Wednesday, March 18, 2009.

News Tips Report Errors

Top Story

Driver arrested after crashing into house in Toronto's west end: police

Toronto police say a driver who crashed into a house in the city’s west end early Friday morning has been arrested on suspicion of impaired driving.

Must Watch from CTVNews.ca

World

Israel warned the U.S. that an operation in Lebanon was coming but gave no details, officials say

Israel warned U.S. Defence Secretary Lloyd Austin in a call Tuesday that a military operation was going to take place in Lebanon but gave no details, U.S. officials said Thursday. The same day of the call, in an attack widely blamed on Israel, thousands of pagers belonging to Hezbollah militants exploded.

Must Read

WORTH WATCHING

IN PHOTOS

Entertainment

'Russians at War' producers threaten legal action against TVO for pulling documentary

Lawyers representing the producers of "Russians at War" say they may pursue legal action against Ontario's public broadcaster for pulling support for the controversial documentary amid outcry from the Ukrainian community and some Canadian politicians.

Sports

Shohei Ohtani surpasses 50-50 milestone in spectacular fashion with a 3-homer, 2-steal game

Shohei Ohtani became the first major league player to exceed 50 home runs and 50 stolen bases in a season during the most spectacular game of a history-making career for the Los Angeles Dodgers star, going deep three times and swiping two bags on Thursday against the Miami Marlins.

Lifestyle

Thailand's adorable pygmy hippo Moo Deng has the kind of face that launches a thousand memes

Only a month after Thailand's adorable baby hippo Moo Deng was unveiled on Facebook, her fame became unstoppable.

Lifestyle News Stories

Shows

CP24 Breakfast

CP24 Breakfast delivers the first news of the day starting at 5:30 a.m.
Hot Property

Hot Property aims to enlighten homeowners or potential buyers on the many facets of making a big purchase, or maintaining one.
Know Your Rights

Whether it’s avoiding fraud schemes or knowing your options if you’ve been hurt in a car accident, Know Your Rights strives to keep you informed and help you protect yourself.
Ask a Lawyer

If you've ever had a question about your employment law rights, this is the place each week to ask professionals for their thoughts.
Live at Noon

Tune in as we explore the latest news and events affecting Toronto and the world. Our host is joined by the most compelling guests of the day -- keeping you well informed and entertained.