Government of Canada Congratulates General Motors on Successful Court-Supervised Restructuring

OTTAWA, ONTARIO, Jul 10 (MARKET WIRE) --
Following General Motors' emergence from court-supervised restructuring
in the United States, the Honourable Tony Clement, Minister of Industry,
issued the following statement:

"I would like to acknowledge that General Motors Corporation's
restructuring plans have worked their way through the U.S. bankruptcy
court in a timely and efficient manner.

"The Government of Canada has been working with its partners to ensure
that General Motors of Canada Limited (GMCL) continues to play an
important role in the new GM's North American operations. We have every
reason to believe that we will see a competitive GMCL that will
manufacture and sell North American cars.

"We are confident that the company will now be in a position to operate a
sustainable and viable business that will keep production, innovation and
jobs in Canada. This is good news for Canadian auto workers, the Canadian
auto parts supply chain and for Canadian consumers.

"Moving forward, the Government of Canada will continue to work toward
strengthening our country's auto industry, while exercising rigorous
oversight of taxpayer money."

Contacts:
Office of the Honourable Tony Clement
Minister of Industry
Pema Lhalungpa - Press Secretary
613-995-9001

Industry Canada
Media Relations
613-943-2502

Copyright 2009, Market Wire, All rights reserved.

-0-