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?
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
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 🤷♀️. I know it’s frustrating to see foreign ownership but we can still see benefit
I hear you. I'm just tired of feeling like Canada always forfeits benefiting from the most profitable 'added value' components of these endeavours.
I feel that way most about lumber!! It drives me crazy that we don’t add value to our wood products. 🙄 I’m less inclined to worry about foreign investment in any manufacturing.
Canadian Ikea ftw! lol
😂 right?!? Seriously though the number of wood products we import is silly