Quote:
Originally Posted by Northendzone
sunny days, sunny ways friends:
https://nationalpost.com/opinion/ott...ome-to-ontario
i always love when the federal government is quiet about subsidies to private businesses.....it would be interesting to do a cost benefit analysis of these deals to see if there was an overall gain or not
funny how folks like tzeporah berman rail about subsidies (tax credits) given to O&G - but I bet she will keep her head down about this
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Well.. they do say they will be released when the plant is announced but yes - basically all giant businesses are lured with subsidies and incentives. If you don't offer them - some US state will and we don't get all of these plants. Its not a Liberal vs Conservative thing - everyone does it.
Preferably you wouldn't do it - but if other places nearby are going to do it - you have to compete. If you want to split hairs - with O&G there is much less competition on where to invest. There has to be oil where you spend money. A manufacturing plant can pretty well go anywhere there are people able to work.