A couple of years ago Ontario and the Feds put up $1 billion in cash subsidies for the auto sector in southern Ontario. The Globe is reporting that the Flaherty will be throwing another $200 million in the pot in his budget today.
I realize that pragmatism wins out over ideology in politics but for me its a bit like finger nails on a chalkboard. To say out of one side of your mouth government shouldn’t be in the business of ‘picking winners and losers’ and then on the other side announcing subsidies for the lucky winners – seems a bit too callous for me.