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Here in Canada whenever they bail out the auto industry, the companies wind up slashing jobs not long after the bail out anyway.
Just look at GM in Oshawa. Not long after they received mega millions from the gov't they closed down assembly lines. Same goes for St. Catharines.
It doesn't take a rocket scientist to realize greedy unions are among the major downfalls of this economy. While everyone else is being asked to tighten their belts, the autoworkers unions are happy to stick with the status quo.
We also need to reassess the free trade agreement. If the automakers want to move their productions to Mexico...we should be taxing the hell outta their assembled products coming back into Canada to keep our domestic products competitive.
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