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Canadian auto workers reach cost-cutting agreement with GM-Canada; GM faces exchange offer deadline and potential bankruptcy
- Alston & Bird LLP
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- Canada
- -
- May 25 2009
Following Friday's announcement of a tentative cost-cutting deal between General Motors of Canada Limited (GM-Canada) and the Canadian Auto Workers (CAW) union, this evening, the CAW announced that members working at GM-Canada in Oshawa, Windsor, St. Catharines and Woodstock, Ontario have voted overwhelmingly, ratifying the deal by 86 in favor of the new collective agreement
Canada announces auto warranty program and auto supplier Accounts Receivable Insurance program
- Alston & Bird LLP
- -
- Canada
- -
- April 8 2009
Yesterday, the Canadian Minister of Industry Tony Clement and Minister of International Trade Stockwell Day announced the creation of the Canadian Warranty Commitment Program, which will guarantee consumer warranties on new vehicles purchased from General Motors of Canada Limited (GM-Canada) and Chrysler Canada Inc. (Chrysler-Canada), until "improved restructuring plans are put in place."
Canada announces four top priorities at G-20 summit; commits additional funds to IMF
- Alston & Bird LLP
- -
- Canada
- -
- April 1 2009
On the eve of the G-20 leaders’ summit, Canadian Prime Minister Stephen Harper announced Canada's four priorities for "a focused agenda that addresses the serious state of the global economy."
Canadian Auto Workers agree to concessions with General Motors
- Alston & Bird LLP
- -
- Canada
- -
- March 9 2009
Yesterday morning, the Canadian Auto Workers union (CAW) announced a tentative restructuring agreement with General Motors Corporation (GM), a move that clears the way for the struggling auto maker to secure loans from the Canadian government
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- Firm Name - Alston & Bird LLP
- Jurisdiction - Canada
- Author - Darren Cooper