I'm no believer in corporate welfare, but this will have a crater effect in the Canadian economy. I am not in favour of a bailout per se, but tax incentives for more eco-friendly auto manufacturing and investment in retraining would be a start. The downfall of the Big Three is their own hubris in not investing more in international sales and reliance on the North American market.
I wonder what would have happened if a 1990 Senate bill that was defeated by 3 votes had passed.
http://washingtonindependent.com/123...-protectionism
I guess the other side