General Motors of Canada Limited is General Motors' Canadian division. Its national headquarters office, Canadian Regional Engineering Centre, and main manufacturing plants are located in Oshawa, Ontario. GM Canada is 100% owned by GM. As of Apr. 24, 2009, GM Canada has received a combined loan commitment of C$3 billion from the Canadian and Ontario governments to help it deal with major financial problems amid falling sales. McLaughlin Car Company of Canada was founded in 1907 when Samuel McLaughlin and William C. Durant agreed to a contract to produce Buick Model F power trains for 15... years at cost plus. The cars became known as McLaughlin Buicks. In 1908 Durant and McLaughlin started General Motors Holding Company after Durant exchanged $500,000.00 of Buick stock for $500,000.00 of McLaughlin Motor Co. stock. McLaughlin also exchanged his Buick stock for General Motors stock, and in 1910 was invited to be on the board of General Motors in Detroit. In 1915 McLaughlin acquired the Chevrolet Car Company of Canada, which built Chevrolets in Oshawa with Chevrolet motors and McLaughlin bodies.
more