Under the Trump administration’s “America First” policy, there likely will be more trade complaints initiated by U.S.-based companies.
Most of us have deep affection for certain places, but for a business, such emotionalism is pure self-indulgence.
For the “typical family” of four, the cost per billion dollars of assistance is $114.28.
The U.S. Commerce Department ruled that Montreal-based Bombardier sold planes to Delta Airlines below the cost of production.
As a candidate, President Trump ran on the evils of unfair foreign competition.
Government support for national airplane producers can come at a great cost.
Question: If someone made $62,000 last year, had $187,000 in their bank account, and yet sought a $5,360 subsidy from government, what would the common sense response be?
Back in late 2011 after the Occupy Wall Street protests, Fiat-Chrysler CEO Sergio Marchionne gave a speech in Toronto to decry what he called the most inane displays of greed. The reference was to behaviour he had observed while serving on various company boards over the years.
In the land of government plentythat vast landscape populated with the tax dollars of Canadiansthere is no shortage of politicians willing to hand out and defend subsidies to business and no dearth of corporations willing to take the cash.