Ford Canada
ORG
Ford Ford Motor Ford Canada
When Omers, a pension fund, began a legal challenge of the appraised value for Ford Canada's shares in the 1990s, it came across an internal memo from Roy Bennett, a Ford Canada director and former chief executive. Ford Canada's sales operation, had consistently lost money since 1977 after paying its American parent for goods and services it received. When Ford Motor bought out Ford Canada, it paid 185 Canadian dollars a share.