McGuinty jobs policy enables corporations to take money and run

Queen's Park
May 15, 2008 - 3:00pm

NDP Leader Howard Hampton says Dalton McGuinty’s real industrial job strategy is all about giving big corporations big bucks with no job guarantees.

“Dalton McGuinty’s real industrial jobs strategy is to throw public money at major corporations without securing job guarantees for workers. He is allowing these companies to take the money and run,” said Hampton.

During today’s Question Period, Hampton cited several examples from across the province of companies that have received millions of dollars in loans and grants from the provincial government and then proceeded to either lay-off workers or cease operations altogether.

“The NDP supports investments in ailing economic sectors, but we would have done it right, with strong job guarantees and iron-clad clawback provisions,” said Hampton.

“The McGuinty government could have done it this way. They chose instead to hand out money without strong job guarantees and strong clawback provisions. From Windsor, to Guelph, to Thunder Bay, it’s workers who are paying price for the poor choices made by this government. Corporations get cash, workers get a pink slip.”

The close scrutiny of government hand-outs comes in the wake of news that the “Big Three” automakers received $400-million of provincial money while at the same time shedding 10,000 jobs over the past four years.

 

 

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