- Aug 6, 2012
- 28,039
- 24,843
- 2,405
This is our future as we know that businesses avoid our creepy nation. We are so creepy and "democratic" in fact, that those spending our money aren't even disclosing how much they have spent.
What a great deal for taxpayers!
Is this capitalism? No. It's buying votes while guaranteeing the impending insolvency of Canada. Ontario will be the first province without question to go belly up.
canadanewsmedia.ca
Federal and Ontario politicians have been tight-lipped about the amount of money the government is investing to secure a new electric vehicle (EV) battery manufacturing plant in Windsor, Ont., but a Toronto-area MP shared in a tweet that Ottawa’s contribution is $500 million.
During an announcement Wednesday for what is being called the “largest automotive investment in the history,” prominent politicians — including Ontario Premier Doug Ford and federal ministers of transport and innovation — would not disclose the financial incentives that the government had offered to secure the $4.9-billion factory in Canada.
When asked for dollar amounts, Ford said, “I can’t divulge that. It would compromise some negotiations moving forward with other companies as well, but it’s a massive investment and its hundreds of millions of dollars.”
On Wednesday afternoon, MP for Toronto—Danforth Julie Dabrusin, who also attended the announcement in Windsor, said the federal government is contributing $500 million toward the project.
...........................................
“This marks Canada’s largest-ever investment in the Canadian auto sector and will build electric vehicle (EV) batteries right here at home and create over 2,500 jobs,” said Dabrusin in a subsequent tweet.
The project is a joint-venture deal between automaker Stellantis and South Korean battery manufacturer LG Energy Solution, and is set to provide 2,500 new jobs to the region. It’s expected to be operational in 2024.
What a great deal for taxpayers!
Is this capitalism? No. It's buying votes while guaranteeing the impending insolvency of Canada. Ontario will be the first province without question to go belly up.
Ottawa is spending $500M toward electric vehicle battery plant in Windsor, Ont., MP's tweet reveals – CBC.ca
Federal and Ontario politicians have been tight-lipped about the amount of money the government is investing to secure a new electric vehicle (EV) battery manufacturing plant in Windsor, Ont., but a Toronto-area MP shared in a tweet that Ottawa’s contribution is $500 million. During an...
canadanewsmedia.ca
Federal and Ontario politicians have been tight-lipped about the amount of money the government is investing to secure a new electric vehicle (EV) battery manufacturing plant in Windsor, Ont., but a Toronto-area MP shared in a tweet that Ottawa’s contribution is $500 million.
During an announcement Wednesday for what is being called the “largest automotive investment in the history,” prominent politicians — including Ontario Premier Doug Ford and federal ministers of transport and innovation — would not disclose the financial incentives that the government had offered to secure the $4.9-billion factory in Canada.
When asked for dollar amounts, Ford said, “I can’t divulge that. It would compromise some negotiations moving forward with other companies as well, but it’s a massive investment and its hundreds of millions of dollars.”
On Wednesday afternoon, MP for Toronto—Danforth Julie Dabrusin, who also attended the announcement in Windsor, said the federal government is contributing $500 million toward the project.
...........................................
“This marks Canada’s largest-ever investment in the Canadian auto sector and will build electric vehicle (EV) batteries right here at home and create over 2,500 jobs,” said Dabrusin in a subsequent tweet.
The project is a joint-venture deal between automaker Stellantis and South Korean battery manufacturer LG Energy Solution, and is set to provide 2,500 new jobs to the region. It’s expected to be operational in 2024.
