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www.oakvillebeaver.com The Oakville Beaver Weekend, Saturday December 6, 2008 - 9 Ford submits business plan to government (Oakville) - Ford Motor Company of Canada, Limited submitted its business plan on Friday seeking government support for the auto industry in the areas of auto financing, fuel efficiency initiatives and consumer incentives. Ford delivered its plan to the federal and Ontario governments outlining that it expects both its overall and its North American Automotive business pre-tax results to be breakeven or profitable in 2011 and detailed a request for access to a "stand-by" line of credit of up to $2 billion to be used only if necessary. The company believes it has the liquidity to weather the current economic crisis, however, it is asking for access to government-backed loans in case the economy significantly worsens, or in the event that a major competitor is forced into bankruptcy. "At Ford, we are well on our way to transforming our company. Few companies have restructured more aggressively and we remain hopeful that we have enough liquidity to come through this financial crisis," said David Mondragon, president and CEO, Ford of Canada. "But the reality of the highly-interdependent North American automotive industry is that the collapse of one of our competitors would not only affect us, but would have a devastating ripple effect across the economy." In its submission, Ford asks the government to support auto financing stating that Canadian consumers deserve access to affordable loans and leases when shopping for a new vehicle. By providing support to the auto credit market, Ford says the government will help the more than one million Canadian vehicle buyers who rely on financing each year, and spur sales in an industry that is critical to the Canadian economy. Ford also recommends that the federal and provincial governments continue to support the transition to new fuel efficient technologies in the Canadian auto industry to meet evolving consumer demand. In addition, the company is asking the governments to consider a variety of consumer stimulus actions, such as tax holidays for new vehicle purchases and incentives to encourage consumers to trade-in older vehicles and buy new, lower-emission vehicles. Ford of Canada will launch seven new vehicles in 2009, including the all-new Lincoln MKT crossover to be built at the Oakville Assembly Complex. "We will continue to accelerate our transformation plans and we look forward to working collaboratively with our elected officials to help build a vibrant auto industry and healthy Canadian economy for the future," Mondragon said. Refer a friend and save! 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Contestants needed with 4-70lbs to lose BIGGEST LOSER COMPETITION 3 month contest starting 4th January until 5th April. Weekly team coaching with Dr. Rama, cost is $260/pers (that's only $20/session) and the winning team gets $200 cash back. Team up with a friend or we'll find you a partner. Call now to reserve your spot. Are you disappointed with weight loss programs where you bought meals or pills or other stuff that went down the drain? Then come to our program because you'll invest in knowledge that will stay with you all your life. Follow our advice and I guarantee you'll lose weight and won't put it back on. Gift certificates with great deals are available for the competition or for the regular sessions, starting as low as $20/session. For more details and conditions go to Now with more standard features like multifunction steering wheel with cruise control · Automatic Climate Control · Dynamic Stability Control · 16" alloy wheels · Fog Lights · Panoramic glass sunroof and heated front seats (available with Comfort Package). $ MINI Oakville 0 $ 0 down 1st month payment 0 $ 359 $ www.weight-coaching.ca Enjoy the holiday season in moderation, that`s what life is all about. * security deposit /MONTH Weight Coaching Centre 2192 Stratus Drive L6M 4W5 Oakville www.weight-coaching.ca Tel: 289.838.8735 Tanouja@weight-coaching.ca Offer ends December 31st, 2008. 2454 SOUTH SERVICE RD., OAKVILLE 905.469.6220 MINIOAKVILLE.COM *Lease rates are those offered by MINI Financial Services only on approved credit (OAC). Lease example: MSRP for a 2009 MINI Cooper with 6 speed manual transmission and Comfort Package is $26,300; at a lease rate of 6.9% APR and a term of 39 months with $0 down ($0 down is OAC), $0 Security Deposit, the monthly lease payment is $359.98. Offer requires retailer participation. A personal property security registration charge (up to $90) and all taxes are extra and required upon lease signing. Transport and preparation charge of $1,595 and Retailer administration charges (if any) are additional. Total obligation is $15,634.22 plus tax. Additional options, taxes and insurance are extra. The residual value of the vehicle at end of term is $16,043. Annual kilometres limited to 20,000. $0.15 per excess kilometre. Excess wear-and-tear charges may apply. Delivery must be taken by December 31st, 2008. Offer is subject to availability and may be cancelled or changed without notice. Vehicle shown is with optional extras. Certain conditions apply. Please see your Oakville MINI for full details.