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GM's return to the ticker revs up morale

General Motors returned to life as a public company on Thursday, Nov. 18. GM Canada president Kevin Williams and CAW president Ken Lewenza were at the Toronto Stock Exchange for the IPO

TORONTO, Ont. – It’s the dawn of a new day for General Motors as its stock once again trades on the North American stock markets.

GM Canada president Kevin Williams said Thursday was a big day not only for the company, but for Canadians and this country’s economy.

He said some of GM’s best plants are in Canada.

“Our goal is to make sure that we can make those plants successful, bring people back to work and support the Canadian economy,” Williams said.

He said they are striving to be the best, and will continue to invest in its Canadian operations.

“It’s not about restructuring at General Motors, it’s about moving fast forward to winning,” Williams added.

Canadian Auto Workers president Ken Lewenza agreed with that sentiment and said he didn’t think this day would happen so quickly.

“What you need in an economy is not just growth, you need confidence and this confidence, quite frankly, hopefully, it expands into other sectors of the economy,” Lewenza said.

GM board member Carol Stephenson said it shows people believe in the company.

“I think we all know that there’s some work to do, but I think it’s demonstrating that consumers have regained confidence, they’re buying these great vehicles,” Stephenson said.

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