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Canada considers cash incentives to replace old vehicles
Jim Prentice weighs a Canadian auto incentive similar to the US Cash for Clunkers. Industry groups seek up to 300 million initially for 100000 vehicles, plus 3000 per eligible owner. The plan faces a large deficit gap and competing European and US programs.
MENTIONED IN THIS ARTICLE
Canada
Jim Prentice
Canadian Automobile Dealers Association
Feds
Barack Obama
Prentice
Alberta
Germany
AIG
Bank of Montreal