The Liberal government appears to have written off a taxpayer loan to the auto industry in March, but is refusing to say how much the loan was for or to provide any other details.
Ottawa has been carrying large, stagnant loans to the auto sector on its books, and repayments have been past due since at least 2010. That was the year that followed a federal bailout of GM and Chrysler that was made in co-ordination with a much larger cash injection by Washington.
The most-recent public valuation of commercial loans that remain in arrears shows a total of $1.15 billion still owed to the federal government as of March 2017.
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