Chrysler’s Canadian plants close indefinitely while parent company restructures

TORONTO — A parts shortage resulting from Chrysler’s restructuring under U.S. bankruptcy protection has forced the company’s Canadian branch to halt its assembly operations indefinitely, a spokeswoman said Friday.

Canadian, Ontario governments provide financing, get 2 pct stake in retooled Chrysler Canada

TORONTO — The Canadian federal and Ontario governments will jointly hold a 2 percent equity stake in a restructured Chrysler Canada and will lend almost 4 billion Canadian dollars ($3.3 billion) to help the beleaguered company while it is in bankruptcy proceedings, the prime minister said Thursday.

Canadian, Ontario governments provide financing, get 2 pct stake in retooled Chrysler Canada

TORONTO — The Canadian and Ontario governments will jointly hold a 2 percent equity stake in a restructured Chrysler Canada and will lend about 3 billion Canadian dollars (US$2.42 billion) to help the beleaguered company while it is in bankruptcy proceedings.