Crony Capitalism in Canadian Deal with Dr. Oetker?
The industry group came down hard on what it regards as rank favoritism: "We create jobs and play a…The industry group came down hard on what it regards as rank favoritism:
"We create jobs and play a key role in the economy in every community across Canada. We do this without handouts or special assistance from government. Our members are deeply troubled that your government is using tax dollars, paid by our members, as a direct subsidy to their competitors who threaten their market
share and ongoing businesses viability. This is on top of the $7 million subsidy this same pizza manufacturer received from the Government of Ontario last year. ((Your government's announcement today may be good news for this foreign-based multinational, but it is precisely the opposite for CRFA members. They are asking why is your government so ready to give multi-million-dollar taxpayer handouts to their competitors, while a 'Made in Canada' policy penalizes them."
The Conservatives say the new plant will create over 300 jobs, the CRFA noted. (When the Ontario government made its announcement, the math was a bit different 125 jobs at the plant, "300 additional jobs to the area") For 300 jobs, a $12-million investment works out to $40,000 per job, the group complained.
