This brought a tremendous boost to the growth and development of the Canadian operation.
The deal did not include the Canadian operations.
The Canadian operation began building these export cars in 1939.
One-time costs for cutbacks begun in Canadian operations were put at $11 million.
Barclays' Canadian operations lost approximately $120-million between 1992 and 1996.
Texaco will receive $3.24 billion for selling its 78 percent stake in the Canadian operation.
Canadian operations were also hurt by a new sales tax, he said.
Blockbuster's Canadian operations went bankrupt and closed its doors by the end of 2011.
In late 2010, staff in the Canadian operations numbered 74.
The current state of upheaval has left many insurance companies unsure about where their Canadian operations are headed.