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Unifor head urges Ottawa, Ontario not to sell remaining interests in GM


September 13, 2013
By The Canadian Press

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The head of the union representing Canada’s auto workers is urging the federal and Ontario governments to keep their remaining shares in General Motors instead of selling them off to investors.

Unifor national president Jerry Dias says he has sent a letter outlining his arguments to both federal Finance Minister Jim Flaherty and Ontario Finance Minister Charles Sousa. Ottawa and the Ontario government recently disclosed that they had sold a combined 30 million shares for a total of about $1.1 billion.