The Auto Sector Retirees Health Care Trust (asrTrust) was created in December 2010. At that time it assumed responsibility for the retiree health care benefits of Chrysler Canada Inc. (CCI) covering former employees represented by the CAW. In November 2011, CAW-represented retirees of General Motors of Canada Ltd. (GMCL) joined the Trust.
A health care trust (HCT) is an independent trust fund created to pay for health care benefits.
Money contributed to the HCT can only be used to provide health care benefits for eligible retirees and their dependents. The money cannot be touched in the future by CCI, GMCL, or their creditors.