Discussion
“Automakers are supported all over the world by governments”
🤣 What a fucking sham. Where's all the Friedman-ites when ya need 'em? Socialism's good enough for the fucking rich!
After the Stellantis ordeal, should Canada keep funding big industry? https://www.ctvnews.ca/business/autos/article/after-the-stellantis-ordeal-should-canada-keep-funding-big-industry/
@dyckron It doesn't quote Milton Friedman, but there's a ringing denouncement of corporate welfare in the #NationalPost : https://nationalpost.com/opinion/chris-selley-stellantis-corporate-welfare/
The article also reminds us that the Ford ministry gave billions to Stellantis along with the feds.
@dyckron @mpjgregoire nitpick on article: federal govt did not attempt to save Bombardier in its last years. Spent $0. But did find a way out of Air Canada’s legal requirenebt to maintain maintenance facility in MB: if AC bought the C-Series aircraft (which it had no intentions of doing ), Bombardier would maintain them in Winnipeg and judge agreed that would fulfill the legal requirent. This after Porter cancelled its order wher Garneau rejected lengthening or Toronto Island runway
@dyckron Down with corporate subsidies!