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Originally Posted by OMG!WTF!
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I don't think that's really a bailout, as much as that was their original plan during the election, and before the bottom really fell out on things.
All they're doing is saying they'll announce Alberta and Sask plans first.
And if I read it right a billion right now isn't going to make much of a difference to the patch. They're going to give a billion in a separate bailout to one company in Quebec, when that one goes through. See above.
If they were going to follow the auto industry example, it would be money invested right into the producers probably in exchange for shares that the government can sell later.
BTW I'm not a fan of government to corporate bailouts.