Yesterday chairman of Chrysler spoke to a parliamentary committee, regarding the economic crisis. The bottom line is that if Chrysler does not get the money that it wants from the government that it will pack up and leave Canada and go to the states. Of course this will affect tones of jobs and unemployment will probably hit another high. The details are as follows: seeking 2.3 billion in loans, break on taxes, and major sacrifices from the Canadian auto workers. The government is willing to help Chrysler but has to be assured that the investment will be returned. The Chrysler has cut 1,200 jobs just last week in Windsor, and is sounding like blackmail for some people.The Decision that Chrysler is making is a huge decision for the government. Because there are ups and downs depending on what they do. But no matter what they do some people will disagree. I think that the government should give Chrysler the money that they want, because it isn't worth having so many jobs being taken of the market. I don't totally agree with Chrysler because I don't think that black mailing the government is a good way to get money from them and if the government doesn’t accept than things will get worse in this already unstable economy.
I think that either way Chrysler is going down. They are not able to run themselves anymore and they should leave Canada. I think that if they stayed in Canada,troubles would become worse and more jobs would be lost. Even if they go back to the U.S I think that they will not work out their as well. They will fall into bankruptcy after being bailed out by the government to many times. I believe Chrysler has reached its end and without taking future aid they will not be able to run themselves anymore.
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