Canadians have good reason to feel General Motors owes them. Because it has—many times.
Opinion: Ottawa and Ontario just gave Toyota $220 million for something it likely would have done anyway. Governments need to wise up.
Opinion: Airbus’ PR machine is in overdrive, but any job promises attached to its takeover of the CSeries will almost certainly be broken
Trudeau’s threat to ban Boeing from federal contracts unless it drops a trade complaint against Bombardier was like something out of Venezuela
There’s little to suggest Bombardier’s collapse would be the economic crisis its supporters suggest, and it may even be good for Quebec
The consequences of corporate welfare
After millions in grants and loans, Quebec start-up PurGenesis created just three jobs
To critics of his penchant for showering hundreds of millions of dollars on the big three auto makers, Dalton McGuinty always had an answer: but I created jobs. It wasn’t a good answer: the jobs created were merely the ones he could see, whereas the jobs destroyed by the same handouts — for the investment diverted into autos is only investment diverted out of other industries, and paid for with their taxes — were spread across the economy, and as such invisible. But it was an answer.