TORONTO - Ontario Premier Dalton McGuinty says there will be no separate aid package for the auto parts sector from the province.
He says any direct loans for the parts suppliers will come from Ottawa's Export Development Corp., while the province is willing to help indirectly by putting conditions on its overall aid package to automakers.
One of the conditions of planned loans to General Motors and Chrysler, McGuinty says, will be that the car companies must pay their suppliers.
But there will be no direct, separate loans to parts makers -- even though observers say a parts shortage that shut down two Chrysler plants last week should act as a warning of things to come.
The federal and Ontario governments have agreed to extend $4 billion in stop-gap funding for GM and Chrysler's Canadian arms, but have offered little to the suppliers.
