Quote:
Originally Posted by Hot_Flatus
Being on track for nearly $1B Canadian in net income for a year is far from "effing brutal". There are not many companies in the country outside of the big banks turning above those numbers and those companies are in a league of their own.
We should all raise a glass and be glad fat boy subsidized yet another highly profitable company that is leaving or will ultimately lay off hundreds shortly.
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I know the numbers sound big to naive wide-eyed simpletons like yourself, but if things are so great why are they moving? Why are they laying people off as you suggest? How much of that was generated in the States? If that billion of profit (revenue-expenses) was generated off a billion capital invested (which it probably was), that leaves you zero return. Just because numbers sound big doesn't mean the ROCE incentivizes any kind of investment in this country. I love it when leftists think they get to decide how much profit is enough for companies based on no understanding of economics or business, just juvenile reasoning of "wow hundreds of millions thats a lots of monies!" a few people in this thread have already done it. They won't care that investment and companies are leaving but then cry about the public budget being cut 2% and act like those aren't connected at all.