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Friday, November 21, 2008

Canadian, U.S. officials meet on automaker aid

WASHINGTON, Nov 20 (Reuters) - Canadian officials met U.S. lawmakers on Thursday to ensure any congressional bailout of General Motors Corp (GM.N: Quote, Profile, Research, Stock Buzz), Ford Motor (F.N: Quote, Profile, Research, Stock Buzz) and Chrysler LLC keeps the Canadian side of the automotive supply chain in mind.

The Canadian government has pledged support for the auto sector, but has not detailed any specific action.

Canadian Industry Minister Tony Clement and Ontario's Economic Development Minister, Michael Bryant, said they spent time on Capitol Hill gathering information needed to propose help for the Canadian auto industry.

"The only option we've kicked off the table is a no strings attached bailout," Bryant told reporters.

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