avatar
Dylan Gibbs @dylangibbs.bsky.social

What is their incentive and to what degree will Canadians ultimately subsidize this investment? Part of me just feels like this is another lost opportunity for something 'home grown'.

aug 6, 2025, 3:22 pm β€’ 0 0

Replies

avatar
Totes McGotes πŸ‡¨πŸ‡¦ πŸ“ŽπŸΎ @beccaroob2.bsky.social

Read the article?

aug 6, 2025, 6:53 pm β€’ 1 0 β€’ view
avatar
Dylan Gibbs @dylangibbs.bsky.social

Yes. Appears to be foreign owned companies profiting.This second plant might generate a couple hundred additional peripheral jobs in the surrounding communities. Not much about externalities such as natural resource or environmental impact costs potentially borne by the public. What was your take?

aug 6, 2025, 7:16 pm β€’ 1 0 β€’ view
avatar
Totes McGotes πŸ‡¨πŸ‡¦ πŸ“ŽπŸΎ @beccaroob2.bsky.social

Well. Much as I would like Canadian businesses to be Canadian owned we have to accept that we live in a world of global investment. So we get jobs and taxes and their overhead. As for environmental issues: it’s an existing unused site no? Plus we may be able to get the steel aluminum business

aug 6, 2025, 7:33 pm β€’ 3 0 β€’ view
avatar
Totes McGotes πŸ‡¨πŸ‡¦ πŸ“ŽπŸΎ @beccaroob2.bsky.social

It would be nice if we could require them to source materials here. Not sure if that’s possible. Except if we’re providing the loan why not πŸ€·β€β™€οΈ. I know it’s frustrating to see foreign ownership but we can still see benefit

aug 6, 2025, 7:33 pm β€’ 4 0 β€’ view
avatar
Dylan Gibbs @dylangibbs.bsky.social

I hear you. I'm just tired of feeling like Canada always forfeits benefiting from the most profitable 'added value' components of these endeavours.

aug 6, 2025, 7:47 pm β€’ 2 0 β€’ view
avatar
Totes McGotes πŸ‡¨πŸ‡¦ πŸ“ŽπŸΎ @beccaroob2.bsky.social

I feel that way most about lumber!! It drives me crazy that we don’t add value to our wood products. πŸ™„ I’m less inclined to worry about foreign investment in any manufacturing.

aug 6, 2025, 9:50 pm β€’ 1 0 β€’ view
avatar
Dylan Gibbs @dylangibbs.bsky.social

Canadian Ikea ftw! lol

aug 6, 2025, 11:16 pm β€’ 1 0 β€’ view
avatar
Totes McGotes πŸ‡¨πŸ‡¦ πŸ“ŽπŸΎ @beccaroob2.bsky.social

πŸ˜‚ right?!? Seriously though the number of wood products we import is silly

aug 7, 2025, 12:37 am β€’ 0 0 β€’ view
avatar
Ellie πŸ‡¨πŸ‡¦ @ellieatmoore.bsky.social

Why can’t we have both? Capitalism is competition after all.

aug 6, 2025, 3:52 pm β€’ 2 0 β€’ view
avatar
Dylan Gibbs @dylangibbs.bsky.social

We certain can have both. Capitalism is a fine tool but unregulated the likelihood it produces an outcome that optimizes value for Canadians is random. I'm simply questioning the trade off.

aug 6, 2025, 4:15 pm β€’ 1 0 β€’ view
avatar
Dylan Gibbs @dylangibbs.bsky.social

*certainly

aug 6, 2025, 4:16 pm β€’ 0 0 β€’ view