Hudak saves ONT billions and he is not premier yet.

[Michael Hardner]

Well any accurate calculation has to look at opportunity cost. If those workers don't have a job at Chrysler many will find work (possibly for lower pay) somewhere else and the benefits to the economy from having these people work in an industry that does not require subsidies have to be factored in.

Ok... well we're both interested, so I invested 1 minute in the Google search...

No idea what these articles say, but let's have a look:

http://socialsciences.uottawa.ca/sites/default/files/public/eco/fra/documents/0812E.pdf

http://opinion.financialpost.com/2012/03/21/terence-corcoran-the-auto-union-subsidy-regime/

http://www.ipolitics.ca/2012/03/21/bailouts-and-subsidies-the-economics-of-assisting-the-automotive-sector-in-canada/

http://ideas.repec.org/p/ott/wpaper/0812e.html

I picked these at random, so please hold your accusations of bias

[Topaz]

Chrysler is good til 2016, then who knows what happens. In the past, corp. have ask for money from both levels of government only to leave after the money was paid back and since the Auto Pact is no long rules, Canada will always to a place for companies to come and leave after a short time. Navistar, in 2003, got money from both level of government,after they threaten to leave, the union gave up over 40 million of benefits to keep their jobs only to have the company close down in 2009, and workers are still fighting for benefits owed. So, Canada has to give out what the southern states offer to these companies or sit back and watch them leave. http://blogs.windsorstar.com/2014/03/05/wynne-worried-about-fate-of-chryslers-ontario-plants/

[Boges]

In Australia the auto sector is going the way of the doodoo bird.

This type of corporate welfare is usually something people on the left oppose but, of course, The CAW ERRR Unifor is a strong Union that has helped the Liberals get elected.

[Michael Hardner]

Ok... well we're both interested, so I invested 1 minute in the Google search...

No idea what these articles say, but let's have a look:

http://socialsciences.uottawa.ca/sites/default/files/public/eco/fra/documents/0812E.pdf

http://opinion.financialpost.com/2012/03/21/terence-corcoran-the-auto-union-subsidy-regime/

http://www.ipolitics.ca/2012/03/21/bailouts-and-subsidies-the-economics-of-assisting-the-automotive-sector-in-canada/

http://ideas.repec.org/p/ott/wpaper/0812e.html

I picked these at random, so please hold your accusations of bias

Well, those papers make a case for discontinuing subsidies. What's still not clear, though, is where the high paying jobs and tax revenue are going to come from.

[guyser]

In Australia the auto sector is going the way of the doodoo bird.

This type of corporate welfare is usually something people on the left oppose but, of course, The CAW ERRR Unifor is a strong Union that has helped the Liberals get elected.

Its not going the way, it is the dodo bird.

Holden left, Toyota has announced its closing and now...None make cars there.

Holden is a huge source of national pride. They make the current iteration of the old El Camino and very popular car there. (dont know why but there ya go)

[Boges]

Hudak certain isn't shying away from his position.

http://www.thestar.com/news/queenspark/2014/03/06/hudak_takes_credit_for_chrysler_deal_unravelling.html

Hudak said it has been proven time and again that companies will have their hands out as long as governments are doling out cash, but will pick up stakes and leave Ontario once the money runs out.

“Case after case, those companies stay until the suitcase of cash runs out, then they leave. That’s no way to build a sustainable economy and that tells me that (Premier) Kathleen Wynne and the Liberals are pushovers,” said Hudak, who refused to criticize his Conservative colleagues in Ottawa.

Hudak insists that lower taxes and cheaper electricity is a more viable alternative to simply giving corporations money.

[The_Squid]

They make the current iteration of the old El Camino and very popular car there. (dont know why but there ya go)

I have to disagree vehemently...

Saying the Holden ute is just a new El Camino is like saying the new Porsche 911 is just a newer Chrysler LeBaron.

Yes, they are both cars with a bed like a truck, but that's where the comparison stops...

http://www.themotorreport.com.au/50591/2010-holden-ss-v-special-edition-ute-road-test-review

Edited March 6, 2014 by The_Squid

[guyser]

I have to disagree vehemently...

Saying the Holden ute is just a new El Camino is like saying the new Porsche 911 is just a newer Chrysler LeBaron.

Yes, they are both cars with a bed like a truck, but that's where the comparison stops...

http://www.themotorreport.com.au/50591/2010-holden-ss-v-special-edition-ute-road-test-review

Its a pretty useless vehicle, although popular and thats ok.

When it grows up it can become a truck or revert to the POntiac GTO if it wishes.

[The_Squid]

Its a pretty useless vehicle, although popular and thats ok.

When it grows up it can become a truck or revert to the POntiac GTO if it wishes.

2 roos will fit in the back, mate!!

[ironstone]

It looked like Chrysler was planning a complete re-tooling in anticipation of committing for the future, figured that Canada would continue in the bidding war and provide the $700 million to keep that process here. Now, I believe that they will either make a smaller re-tooling or plan to pull up stakes and go to the higher bidder - either Southern USA or Mexico. Not sure if making Windsor and/or Oshawa a brown field is a good political position.

I don't think we should hand out so much money to someone that makes mediocre cars.I think a better option is to have a good business climate in Ontario,like having the best tax rates and,it pains me to say this,affordable electricity rates.Ontario is so far gone as it relates to electricity now.