In an interview Thursday with Bloomberg News in New York, Ontario Finance Minister Vic Fedeli said his government has a “comfort level” that the Oshawa plant closing won’t snowball, either to other companies or additional GM facilities. Ontario Premier Doug Ford has spoken to executives from all the manufacturers in the province, Fedeli said. The Oshawa's General Motors car assembly plant in Oshawa, Ont., Monday Nov 26 , 2018. Automaking has plunged in the last decade, with output at the GM plant alone down 59 per cent, or 570,000 units, since 2004, according to BMO Capital Markets estimates. Article Continued BelowAs for the Oshawa plant, GM appears to be “very definitive” about shutting it down, and the government will assist workers, Fedeli said.

Source: thestar November 29, 2018 19:41 UTC