FUD

The Toronto Star reports “517,000 Ontario Jobs at Risk.”  The article states:

• Ontario would lose 517,000 jobs within five years if the Big Three automakers went out of business, according to a new provincial report obtained by the Star.
• If auto output by U.S.-based manufacturers in Canada were cut in half, at least 157,000 jobs would be lost right away, 141,000 of them in Ontario. By 2014, job losses would rise to 296,000 nationally, including 269,000 here.

The article doesn’t comment on how many jobs would be lost or saved if tax payers are to provide a bail out nor does it indicate the job transfer that would take place to surviving members of the auto industry that would  have to hire skilled workers to keep up with the new demand.