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Selected info:
- Ottawa holding auto talks with US - Toronto Star
CTV British Columbia Ottawa holding auto talks with US Toronto Star, Canada - 5 hours ago WINNIPEG–The federal government is holding informal talks with Washington to co-ordinate financial aid for struggling Big Three automakers, Finance Minister ... Flaherty says Canada might sell assets to avoid deficit - but not ... Canada.com Ottawa to buy another $50 billion in residential mortgages, may ... The Canadian Press Canada May Triple Bank Mortgage Purchases to C$75 Bln (Update2) Bloomberg Edmonton Sun - Globe and Mail all 608 news articles
- GM reports running low on cash; it ends Chrysler merger talks (Los Angeles Times)
General Motors posts a $2.5-billion third-quarter net loss. It also signals that it may have only enough cash to fund operations through year's end, leading to speculation about bankruptcy. Posting another multibillion-dollar quarterly loss Friday, General Motors Corp. said it was "cutting to the bone" but may run out of money by early next year without help from the federal government.
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