Talks on auto aid under way: Flaherty

Thu Nov 27, 2008 5:56pm EST
 
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OTTAWA (Reuters) - Discussions over how to help the ailing automobile industry are still under way, even if no aid was included in the government's fiscal update on Thursday, Finance Minister Jim Flaherty said.

The Conservative government had already said Ottawa will not hand over any cash to the struggling industry until car makers have presented a business plan, but Flaherty said "different options are being looked at."

"There are more discussions with the Americans on the auto sector next week. So this is not something that is on a side burner. This is being looked at carefully," Flaherty told CBC television.

The opposition Liberals have demanded an emergency debate on aid for the sector, expressing concern that Washington will vote on a plan as early as December 8 to aid the U.S. industry at the expense of Canadian jobs.

(Reporting Allan Dowd, editing by Rob Wilson)

 
<p>Worker Nick Aphayvong prepares to install a battery into a Ford Flex on the assembly line at the company's Oakville Plant, June 3, 2008. REUTERS/Fred Thornhill</p>