Canadian sales of General Motor Vehicles dropped a huge amount of 19.5 percent, clearly a horrible year for automakers. An auto analyst claims that the drop in major companies may soon show that Canada is in a "automative recession." For instance, GM sold an approximate of 21,000 cars and trucks last month while it sold 26,090 in December 2007. With observation to these trends, the majority of the automakers suggest a slow Canadian sale for December.
The collapse of General Motor Vehicles will without a doubt cause many to go temporarily unemployed. Yet, the automakers have experience in their line of work and have the expertise to join another workforce that asks for their skill. Thus,the problem of unemployment is minor. Nevertheless, Harper decided to help the automakers with at least 5 billion dollars. Where did this money come from? This money will be recovered by increasing the tax dollars from citizens. More importantly, does Harper's action of helping one company signify that he intends to help other companies in need as well? Certainly, if another company requests for help Harper cannot deny it after he has just helped the GM and Chrysler, or will he? Overal, Harper's action of helping the automakers is one-sided and full of flaws.
http://www.wheels.ca/article/493415
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