Canada could lose more than 580,000 jobs within five years if the Detroit automakers go out of business -- 517,000 of them in Ontario, says a report obtained by the Toronto Star. The review, prepared for Ontario's Ministry of Economic Development and to be released Tuesday, warns the collapse of General Motors Corp., Ford Motor Co. and Chrysler LLC would send lasting shock waves through the economy.
If auto output by U.S.-based manufacturers in Canada were cut in half, at least 157,400 jobs would be lost right away, 141,000 of them in Ontario.
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