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The General Motors world headquarters is seen in downtown Detroit, Michigan in this file photo taken on May 31, 2009.Rebecca Cook/Reuters

If only Ontario Finance Minister Charles Sousa had had a little more patience, he would have had a couple of million more bucks to build a bridge or buy a load of cement.

On the same day that Mr. Sousa announced the sale of 73.4 million shares of General Motors Co., the auto maker announced it will raise its dividend 20 per cent some time during the second quarter.

That 6-cent (U.S.) a share boost means the Ontario Treasury misses out on $2.2-million, or $2.7-million in Hudson's Bay pesos.

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