Ottawa, Ontario invest $200M in Ford’s Windsor plant

Business | 206521 hits | Mar 30 10:23 pm | Posted by: shockedcanadian

The province says the investment will create 300 new jobs in Ontario and support the creation of a research and engineering centre in Ottawa.

Comments

by shockedcanadian
Fri Mar 31, 2017 5:25 am
https://www.thestar.com/business/2017/0 ... plant.html

The Canadian "free market" in action, LOL!

?It is ludicrous to suggest that Ford ?needed? a $200-million handout from Ontario and Canadian taxpayers, as the company earned a global pre-tax profit of more than $10 billion (U.S.) in 2015,? the Canadian Taxpayers Federation said in a statement.

?Corporate welfare is an unsustainable, wasteful and unfair approach to economic development that creates perverse incentives and teaches businesses that the key to success is to cosy up to governments for free taxpayer money.?

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