Ford warns Ottawa decision day looms

Article Abstract:

Ford Motor Company has reported the federal government that it has to provide a commitment of about $100-million, or risk jeopardizing a $1- billion redevelopment of the automaker's Oakville, Ontario, and operations. The company is seeking money from the federal and provincial governments to turn the Oakville complex into a leading-edge, flexible assembly.

Motor Vehicles and Equipment, Ford Motor Co., Transportation equipment industry, Remodeling and renovation, F, Automotive industry

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Ottawa to seek 'redress' of TPC contracts

Article Abstract:

Findings of external audit of Technology Partnerships Canada program, revealed that more than 16 out of the 47 companies had breached the contracts with the government.

Capital funds & cash flow, Venture Analysis, Economic aspects, Accounting and auditing, Economic policy, Business enterprises, Breach of contract

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