Business

GM pledges $833M investment in Canada through 2016

By Tom Krisher
Published July 24, 2012 10:01pm ET
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DETROIT (AP) — General Motors says it plans to invest $833 million in Canada for research and development.

The company says it began spending the money in 2009 and will invest at least $150 million per year through 2016. Much of the money will go to a research center in Oshawa, Ontario.

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