Support for Auto Industry Reinforces Canadian Economy during Economic Crisis, Says CAW President
U.S. Newswire, June, 2009
To: NEWS EDITORS
Contact: please call CAW Communications, Shannon Devine, (cell) (416) 302-1699; or Angelo DiCaro, (cell) (416) 606-6311
TORONTO, June 1 /PRNewswire/ - CAW President Ken Lewenza said the support provided to General Motors by the federal and provincial governments is critical to the long-term health of the Canadian economy.
Lewenza stressed that the governments' support for the GM and Chrysler restructuring efforts will save hundreds of thousands of jobs in total, above and beyond the direct positions at the two automakers. "For every direct job saved through this process, a total of 7.5 jobs depend on the auto industry's continuing presence in Canada," Lewenza said. "Hundreds of other companies, from auto parts suppliers to neighbourhood cafes...
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