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Originally Posted by Oil Stain
Race to the bottom of what?
They need to do as many of these types of deals as possible in my opinion.
A project like this will create thousands of short term jobs as well as hundreds of top end jobs that will last for 40+ years.
Facilities of this size also have huge yearly operating budgets and support numerous secondary industries.
It seems to me like diverting as much of our natural resource production into facilities that will create finished products has a way better pay off for the average Albertan than focusing on more pipelines to ship all the profits of industry elsewhere.
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It might make economic sense but I can still hate the race to the bottom. The extreme example right now is the movie industry where without tax subsidies you just can’t compete and there is no natural advantage to one jurisdiction over another. Or the Amazon head quarters where Amazon extracted concessions from the places they wanted to move to anyways. In general corporations know that they can extract concessions from jurisdictions in exchange for jobs. It’s a global problem and I do not like it.