The Monday news briefing: An at-a-glance survey of some top stories
Highlights from the news file for Monday, Dec. 5
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FED, ONTARIO IN TALKS WITH AUTOMAKERS: The federal and Ontario governments are actively discussing major investments in the big automakers. Following the recent conclusion of labour negotiations, the auto companies are now in talks with the governments about investment opportunities in a sector that is a critical component of the Ontario and Canadian economies. Federal Economic Development Minister Navdeep Bains says Ottawa is open to investing in the automakers to help them expand their footprints in the country. The three largest North American automakers recently committed to pump more than $1.5 billion into their Canadian operations following contract talks with their unionized workers.
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