General Motors Canada
Initiative will create more than 700 new engineering jobs.
Money breathes life into the plant’s consolidated production line.
Fiat Chrysler claims top spot in Canada; Ford, GM battle it out for second.
The Canadian government sold a block of 30 million GM shares in September, valued at $1.1 billion.
Analysts suggest if sales continue at their current pace, 2013 will be a record year for auto sales, topping 1.7 million units.
Some former workers saw their basic life insurance benefit cut from more than $100,000 to $20,000.