July 16, 2026

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Canada Quietly Wrote Off a $1 Billion Loan to Chrysler

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Canada Quietly Wrote Off a $1 Billion Loan to Chrysler

Back in 2009, when the automotive industry was in crisis, the Canadian government gave $1.1 billion to Chrysler to help the company stay afloat, an outstanding amount which, with interest, has nearly doubled. Except that now, according to the CBC, it’s been q…

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