Flaherty included the extra help for the sector in his budget on Tuesday.

"The money that's been set aside in the Auto Innovation Fund is not just for Chrysler, it's for some of the other automotive companies in Canada," Flaherty told reporters.

"I'm not saying that there should be some automatic subsidy of automobile plants. I am saying that we need to give it a long, hard look and make sure that we are careful in what we do before we let one of the large auto manufacturers leave Ontario."

(Reporting by Randall Palmer; Writing by Louise Egan; Editing by James Dalgleish)