Hey buddy — wanna buy a car company? Canada to sell Chrysler

This 'order-in-council' has just popped up at the Privy Council's office Web site:

Whereas the Governor in Council, pursuant to subsection 91(6) of the Financial Administration Act, is satisfied that Canada CH Investment Corporation, a wholly-owned subsidiary of the Canada Development Investment Corporation, is empowered to undertake the transaction referred to in this Order;

Therefore, Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance and the Treasury Board, pursuant to paragraph 91(3)(b) of the Financial Administration Act, hereby authorizes Canada CH Investment Corporation to sell or otherwise dispose of all or substantially all of its assets, being its shares in Chrysler Group LLC or its successors.

IT's OIC 2010-0808 if you're looking for your copy.

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