Canada’s Corporate Welfare Class

Jack Mintz: Forget the ‘just transition.’ It’s the Boondoggle Transition

 

Forget “energy transition” and “just transition” to describe the transformation of our energy systems. Call it the “boondoggle transition” because that’s what it is turning into.

The $30 billion to be paid by the federal and Ontario governments to just two electric-vehicle battery companies — Volkswagen and Stellantis-LG Energy Solution — is just the tip of the iceberg. It’s expected that together the two projects will “create” 5,500 jobs (though most of the workers likely will come from other jobs) at an eye-popping ten-year cost of $5.5 million per worker. Even if you spread the earnings over 10 years, that’s $550,000 a year, nine times the average Canadian’s annual earnings of $61,000.

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by Blazingcatfur••0•Posted inCanada's Corporate Welfare Class, Canada's Corrupt Liberal Government, Canada's Corrupt Political Class, Green-Scam

GTA regions join outcry over funding to shelter Trudeau’s so called asylum seekers

Caution. Some evidence of tampering but”Truthiness” apparent.

A growing number of GTA regions are accusing higher governments of stranding them with the costs of sheltering refugees and asylum seekers — with some announcing shelter closures in response.

The cries for help come as Toronto has been locked in its own funding clash with the federal government, a dispute that has left a crowd of newcomers sleeping outside a street outreach referral centre. On Friday morning, representatives of social services such as refugee centres, hospitals and drop-in centres are expected to gather there to press elected officials to take action.

Why does everything Trudeau puts his hand to seem designed to make Canada a shithole state?

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by Blazingcatfur••0•Posted in"Mass Immigration - Follow the money", Canada's Corporate Welfare Class, Canada's Corrupt Liberal Government, Canada's Corrupt Political Class

Canada’s billions to Stellantis and Volkswagen make for a bad joke

There’s an old joke about corporatocracy that goes something like this: “Canada is a handful of companies in a trench coat.” If that one doesn’t have you howling in your seat, there’s an addendum: “That we subsidize.” Is it funny yet?

The latest iteration of the joke pertains to multinational automakers Volkswagen and Stellantis. In recent weeks, the latter threatened to pack up shop on its EV battery plant in Windsor, Ont. – and halted construction to drive home the point. That after the federal government and Ontario promised more than $13-billion in capital and tax credits to Volkswagen for a larger factory. As a result, both levels of government scrambled to strike a deal with Stellantis, which was revealed last week to be worth $15-billion.

We are lead by grifters & morons.

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by Blazingcatfur••0•Posted in"EV's - Electric Vehicles", Canada, Canada's Corporate Welfare Class, Canada's Corrupt Liberal Government

Canada’s secret service is fighting a hidden civil war

The smart money is on the spooks. They have the public on their side

The Canada of our allies’ imagination is a peaceable land of winter, hockey and exquisite politeness. The winter and the hockey haven’t changed. But peaceable and polite? Not since the civil war broke out.

This civil war doesn’t pit Quebec nationalists against English Canada, but centres instead on China. The two sides are a political elite that yearns for the days when China was an economic opportunity, and a national security community aware of Beijing’s ambition to deindustrialize the West economically and neuter it geostrategically.

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by Blazingcatfur••0•Posted in"Canada's China Class", "China - Communist Slave State", Canada, Canada's Corporate Welfare Class, Canada's Corrupt Liberal Government, Canada's Corrupt Political Class, Canada's Government Owned News Media

‘We had no choice’: The inside story of how Doug Ford gave away billions of dollars to a Corporate welfare case in dodgy EV battery plant deal

‘We had no choice’: The inside story of how Doug Ford finally blinked and spent billions of dollars to save an EV battery plant in Ontario

Carlos Tavares, the canny top executive of auto giant Stellantis, says weeks of crisis talks to salvage a Windsor EV battery plant taught him one thing: Canada’s negotiators move way too slowly in a global green industrial race that’s accelerating at warp speed.

“It was difficult to get this agreement inked at the end of the day,” Tavares said in an exclusive interview with the Star from Portugal, “but it was rewarding.”

Rewarding, no question.

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by Blazingcatfur••0•Posted in"EV's - Electric Vehicles", Canada's Corporate Welfare Class, Canada's Corrupt Political Class, Green-Scam

‘Massively expensive’: Canadian Taxpayers Federation takes aim at $15B deal for Windsor battery plant

The $15-billion agreement to keep an electric vehicle (EV) battery plant in Windsor, Ont., is “massively expensive for taxpayers,” says the Canadian Taxpayers Federation.

“These big corporations are getting buckets of cash courtesy of cost to taxpayers while the rest of us get tax hikes,” said Franco Terrazzano, federal director for the Ottawa-based federation.

“We have governments that are choosing to help multinational corporations over taxpayers.”

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by Blazingcatfur••0•Posted in"EV's - Electric Vehicles", Canada's Corporate Welfare Class, Canada's Corrupt Liberal Government, Green-Scam

Trudeau To Give Up To $15-billion Of Your Dollars To Corporate Welfare Cases Stellantis & LG In Dubious Battery Deal

Stellantis, LG reach new EV battery plant deal for up to $15-billion in subsidies from Ottawa, Ontario

Stellantis NV and LG Energy Solution have reached a new deal with the federal and Ontario governments for up to $15-billion in subsidies for their electric-vehicle battery factory in Windsor, bringing to an end a months-long saga in which the companies halted construction on the project while they pushed for greater subsidies.

The agreement was announced by Stellantis late on Wednesday through a press release, the timing of which appeared to catch the governments off guard. It was subsequently confirmed by Ottawa in a statement issued by Industry Minister Francois-Philippe Champagne and Finance Minister Chrystia Freeland.

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by Blazingcatfur••0•Posted in"EV's - Electric Vehicles", Canada's Corporate Welfare Class, Canada's Corrupt Liberal Government

International Retailers Such As Aldi And Lidl Might Not Enter Canada Because Of Local “Price-Fixing And Manipulative” Grocers

The Competition Bureau’s call for increased competition in the Canadian grocery sector is stating the obvious. Canada is home to numerous oligopolies that dominate various industries, with only a few companies holding significant market share. In the grocery sector specifically, five major players control nearly 80 percent of the food retail market. While some oligopolies function more effectively than others, their success depends on the companies behaving ethically, which is precisely the issue plaguing the grocery sector in Canada.

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by Blazingcatfur••0•Posted inCanada, Canada's Corporate Welfare Class

Canada welcomes largest number of immigrants in first quarter since at least 1972

OTTAWA — Statistics Canada says the country welcomed more than 145,000 immigrants during the first three months of the year.

That’s the highest number for a single quarter on record, since comparable data became available in 1972.

No one in the PC Party has spoken out about this assault on Canada.

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by Blazingcatfur••0•Posted in"Mass Immigration - Follow the money", Canada, Canada's Corporate Welfare Class, Canada's Corrupt Liberal Government, Canada's Corrupt Political Class, WTF?

Canada’s grocery industry concentrated in too few hands, Competition Bureau says

Canada’s grocery business is controlled by large players and needs government assistance to encourage new entrants to bring down prices, a report from Canada’s Competition Bureau says.

The report, published Tuesday, is the result of a probe that Canada’s top competition watchdog launched last year, when concern over food prices hit a fever pitch.

The bureau spent months examining many aspects of Canada’s grocery business, which is dominated by three domestic giants — Loblaws, Metro and Sobey’s owner Empire — along with foreign players like Walmart and Costco.

Nothing will come of this. Canada is the land of Milk & Honey – for Oligopolies.

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by Blazingcatfur••0•Posted inCanada, Canada's Corporate Welfare Class, Canada's Corrupt Liberal Government, Canada's Corrupt Political Class

Over Half of $7B in Subsidies to Support ‘Innovative Projects’ Won’t Be Recovered: Federal Records

Over half of the billions paid out under a corporate subsidy program to support “innovative projects” in Canada will not be recovered, according to a written submission to the Senate national finance committee.

In its submission on June 19, the Innovation, Science and Economic Development Canada (ISED) told senators that more than half of the $7 billion spent under its Strategic Innovation Fund (SIF) was “non-repayable.”

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by Blazingcatfur••0•Posted inCanada's Corporate Welfare Class, Canada's Corrupt Liberal Government, Canada's Corrupt Political Class

Canada Bread agrees to $50M fine for stealing bread from the mouths of children

Canada Bread has agreed to pay at least $50 million for its role in fixing the price of bread for years.

The company made the revelation in an Ontario court on Wednesday, acknowledging that under a previous management regime, it colluded with its competitors in Canada’s bakery industry to work in unison to raise the wholesale prices they charge to grocery chains, pushing up prices for consumers in the process.

The company — which makes dozens of brands of baked goods, including Dempster’s, Stonemill, Vachon and others — has been owned by Mexican food giant Grupo Bimbo since 2014, but prior to that, it was majority controlled by Maple Leaf Foods.

It’s not “price fixing” it’s stealing bread from the mouths of children.

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by Blazingcatfur••0•Posted inCanada's Corporate Welfare Class

Trudeau’s Carpetbagging Bro Dominic Barton & McKinsey pitched Purdue Pharma Canada on plan to get rich on Opioid addiction in 2014, memo reveals

McKinsey pitched Purdue Pharma Canada on plan to boost opioid sales in 2014, memo reveals

Global consulting giant McKinsey & Co., under the leadership of Dominic Barton, pitched Purdue Pharma (Canada) in 2014 on how it could more aggressively market and boost sales of OxyContin and other highly addictive opioids to Canadians, according to a confidential memo obtained by The Globe and Mail.

McKinsey & Co. is facing a class-action lawsuit from the B.C. government, which Ottawa plans to join, that accuses the firm of engaging in reckless marketing campaigns to boost opioid sales, placing the Liberal government at odds with a company it has relied on for more than $100-million in contract work since 2015.

Barton is the same sociopath behind Trudeau’s mass immigration scam, he was a founding member of Century 100 and is also a China Class 5th columinist.

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by Blazingcatfur••0•Posted in"Canada's China Class", "China - Communist Slave State", Canada's Corporate Welfare Class, Canada's Corrupt Liberal Government, Canada's Corrupt Political Class

Canada’s population will hit 40 million Friday … But there’s no labour shortage and asylum seekers are sleeping on the street in Toronto

Despite setbacks during COVID-19, Canada’s population is now growing at a “record-setting pace” and will soon pass the 40 million mark, reads a new update from Statistics Canada.

According to StatCan’s real-time population clock, Canada’s numbers will hit the 40 million mark just before 3 p.m. EST Friday, the organization said.

Given the housing shortage and the strain all services are suffering Trudeau’s mass immigration scam is a cruel and heartless act inflicted on Canadians.

It’s a sleazy plan concocted by Junior’s fellow China class crony Dominic Barton & others that will solely benefit the Corporate Class.

There is no labour shortage and asylum seekers are sleeping on the street. 

Contrary to Junior’s Star this is nothing to celebrate as mass immigration is a criminal fraud in progress..

Only the People’s Party is speaking out about this travesty.

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by Blazingcatfur••0•Posted in"Mass Immigration - Follow the money", Canada's Corporate Welfare Class, Canada's Corrupt Liberal Government, Canada's Corrupt Political Class

Blackie’s Star: Majority Of Poorly Informed People Surveyed Support Trudeau’s Burgeoning VW & Stellantis Folly

Three-quarters of Canadians are in favour of hefty government subsidies to Stellantis and Volkswagen, a new poll suggests.

… Only 21 per cent of respondents said they were “familiar” with the issue, while 39 per cent had not “heard about it before today” and 40 per cent had “heard about it” but were unfamiliar with the specifics.

… Using online panels based on the Lucid exchange platform, Abacus surveyed 2,000 people between June 6 and 11.

Talk about polishing a Turdeau.

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by Blazingcatfur••0•Posted inCanada's Corporate Welfare Class, Canada's Corrupt Liberal Government, Canada's Corrupt Political Class, Canada's Government Owned News Media, Green-Scam