Liberal government writes off $1.1B US loan to Chrysler, plus interest, docs show

CBC News has learned that the Liberal government has written off a loan made to Chrysler in 2009 to bail out the auto sector. The taxpayer-funded loan has been accruing interest for nine years without payments, and the write-off represents a loss of public funds totalling $2.6 billion.

from CBC | Canada News https://ift.tt/2yOR1Ji