NEWS
 
Hudak slams auto sector "ransom money"
PC leader doesn't want the province giving cash to car companies
3 0

He calls it ransom money.

Tory leader Tim Hudak wants the Liberal government to stop giving money to the auto sector, pointing to $800 million still owed to the province by Chrysler from the recent bailout during the recession.

Last week, the company's CEO claimed to need $700,000 dollars - which Hudak calls blackmail.

Hudak says the province should use the money to lower taxes for everyone. He says that way, companies will be able to create job - pointing to his job creation plan.

However, Premier Kathleen Wynne calls the comments irresponsible and naive to think the province wouldn't work with the auto-sector in times of need like in 2009.

Wynne says Hudak's vision of Ontario doesn't seem to include the auto sector.

NDP leader Andrea Horwath says if the province does give money to an industry, there should be a clause in the contract that would secure jobs for years to come in Ontario.

She says there have just been too many times when a manufacturer gets funding from the province and then leaves town, laying off employees.

Categories:

Leave a comment:

showing all comments · Subscribe to comments
  1. Dean posted on 02/24/2014 03:47 PM
    If Liberal tax hikes and union extortion weren't driving up the cost of manufacturing in Ontario, none of the manufacturers would have left in the first place. But no, it's better that all those jobs get outsourced than to ask the union bosses to sacrifice even one penny. It's principle, you see.
  2. Angry Bill posted on 02/24/2014 03:53 PM
    How dare Hudak suggest that the car companies maybe start paying back some of the bailouts they received from the taxpayer during the recession. That's crazy talk.

    Horwath is naive.. In the previous cases, there WAS a clause that the companies wouldn't pull up stakes and move after having been given tax payer money. They laughed at the government while getting the money.. I mean, free money. Who wouldn't take it? And then when the companies felt like doing so, they pull up stakes and away they go. The government is left saying, "But.. but... you signed a PAPER!" Their only response from the companies is laughter fading away in the distance. But, the government of the day got what they wanted out of the deal. Union votes.
  3. Frankie posted on 02/24/2014 04:01 PM
    That would be $ 1.5 Billion to Chrysler. Liberals have completely decimated this province economically, "stealing" our money, wasting billions of dollars, and now they want to give a private company more of our money?

    If Chrysler can't make it without a handout then they shouldn't be in business.

    I want to run an inefficient company and insist the Liberal gov't give my company money or I'll fire them all and move elsewhere.

    This is the most incompetent government in Ontario history, only seconded by the idiots that keep voting them in and the corrupt NDP that keep them in power.

    The NDP are as guilty as the driver of the getaway car robbing a bank.
showing all comments

@NEWSTALK1010

Facebook

DON'T MISS

IN-DEPTH AND INTERACTIVE

MISSED THE SHOW? DON'T MISS THIS!

Aaron Waxman & Associates present the 4th annual IN-DEPTH AND INTERACTIVE -- if you missed the show, DON'T WORRY. You can check out video and pics RIGHT HERE

NEWS ALERTS

STAY CONNECTED

Sign up for out Breaking News Alerts and receive up-to-the-minute coverage of the top stories of the day

 
3 0

He calls it ransom money.

Tory leader Tim Hudak wants the Liberal government to stop giving money to the auto sector, pointing to $800 million still owed to the province by Chrysler from the recent bailout during the recession.

Last week, the company's CEO claimed to need $700,000 dollars - which Hudak calls blackmail.

Hudak says the province should use the money to lower taxes for everyone. He says that way, companies will be able to create job - pointing to his job creation plan.

However, Premier Kathleen Wynne calls the comments irresponsible and naive to think the province wouldn't work with the auto-sector in times of need like in 2009.

Wynne says Hudak's vision of Ontario doesn't seem to include the auto sector.

NDP leader Andrea Horwath says if the province does give money to an industry, there should be a clause in the contract that would secure jobs for years to come in Ontario.

She says there have just been too many times when a manufacturer gets funding from the province and then leaves town, laying off employees.

Leave a comment:

showing all comments · Subscribe to comments
  1. Dean posted on 02/24/2014 03:47 PM
    If Liberal tax hikes and union extortion weren't driving up the cost of manufacturing in Ontario, none of the manufacturers would have left in the first place. But no, it's better that all those jobs get outsourced than to ask the union bosses to sacrifice even one penny. It's principle, you see.
  2. Angry Bill posted on 02/24/2014 03:53 PM
    How dare Hudak suggest that the car companies maybe start paying back some of the bailouts they received from the taxpayer during the recession. That's crazy talk.

    Horwath is naive.. In the previous cases, there WAS a clause that the companies wouldn't pull up stakes and move after having been given tax payer money. They laughed at the government while getting the money.. I mean, free money. Who wouldn't take it? And then when the companies felt like doing so, they pull up stakes and away they go. The government is left saying, "But.. but... you signed a PAPER!" Their only response from the companies is laughter fading away in the distance. But, the government of the day got what they wanted out of the deal. Union votes.
  3. Frankie posted on 02/24/2014 04:01 PM
    That would be $ 1.5 Billion to Chrysler. Liberals have completely decimated this province economically, "stealing" our money, wasting billions of dollars, and now they want to give a private company more of our money?

    If Chrysler can't make it without a handout then they shouldn't be in business.

    I want to run an inefficient company and insist the Liberal gov't give my company money or I'll fire them all and move elsewhere.

    This is the most incompetent government in Ontario history, only seconded by the idiots that keep voting them in and the corrupt NDP that keep them in power.

    The NDP are as guilty as the driver of the getaway car robbing a bank.
showing all comments

Top stories

A statement from the family says she died on Saturday.

Poll

Doctors say only 26 of the 500 people who offered their liver to Sens owner Eugene Melnyk would donate to someone else. What do you think about that?

Voting is restricted to one vote every 24 hours 24 hour(s) VoteResults