Federal government sells $3.3B stake in GM
Unclear how much the sale will benefit Ottawa’s bottom line.
Federal briefing deflates claim of corporate cash hoard
A revised Statistics Canada estimate puts it at about $544 billion in Q1.
UPDATE: CAW wants to share in automakers’ rising profits
We won’t be overzealous.” — CAW president Ken Lewenza.
CAW focusing on Detroit 3’s profits as contract talks begin
Sacrifices were made, now workers should reap benefits too: Stanford.
Two-year tax write off: Extend or end it?
The CME has been lobbying hard to extend the two-year machinery and equipment write-off until at least 2016. But a research paper by tax expert Jack Mintz and Chen support an end to such special preferences.