Ontario’s Algoma Steel Inc. will receive half a billion dollars in federal and provincial loans to alleviate the financial damage caused by U.S. tariffs on the Canadian steel manufacturer.
In successful countries governments do not spend billions of taxpayer $$$$ on bailing out, buying, subsidizing, companies. The companies actually expand, employ, pay taxes, and invest to add to the economy. Back in 2015 Canada was a successful country today a bankrupt, corrupt socialist basket case.
In successful countries governments do not spend billions of taxpayer $$$$ on bailing out, buying, subsidizing, companies. The companies actually expand, employ, pay taxes, and invest to add to the economy. Back in 2015 Canada was a successful country today a bankrupt, corrupt socialist basket case.
Not bad...
Only $192,307.69 per worker.
Let's print some more money we don't have.
...OH...
... A LOAN ....
OK then... Do I have a bridge for you to buy cheap.
Countries that actually work properly do not have to bail out their businesses.
Note to the destruction by the name of Carney.
There is a way to fix this ...
IT'S CALLED PIPELINES.
I doubt any of the loans will be paid back. Another taxpayer expense.
Here's a novel thought - get Carney back from Europe and settle the dispute with Trump and get rid of the Tariffs.