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    Susquehanna Raises Penn Entertainment Inc. (PENN) Price Target. – Yahoo Finance

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    Susquehanna Raises Penn Entertainment Inc. (PENN) Price Target. – Yahoo Finance

    Susquehanna Boosts Price Target for Penn Entertainment Inc. (PENN)

    George Lopez is coming to Spokane – KXLY.com

    George Lopez is coming to Spokane – KXLY.com

    Netflix unveils Dallas immersive venue for fans of hit shows like ‘Squid Game,’ ‘Stranger Things’ – Houston Chronicle

    Step Inside Netflix’s New Dallas Immersive Experience Featuring Hits Like ‘Squid Game’ and ‘Stranger Things

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    Civic Players Deliver a Hilarious and Unforgettable Performance of ‘Young Frankenstein

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    Wheel of Fortune’ Amputee Breaks Incredible ‘Curse’ to Win $60,000!

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    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

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    Frontdoor Appoints Tech Visionary Dr. Bala Ganesh as New Chief Technology Officer

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Reader letter: Battery plant agreement will be costly for taxpayers

July 17, 2023
in News
Reader letter: Battery plant agreement will be costly for taxpayers
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Published Jul 16, 2023  •  Last updated 22 hours ago  •  1 minute read

x The NextStar battery plant construction site in Windsor is shown on Thursday, July 6, 2023. Photo by Dan Janisse /Windsor Star

I had to laugh at the recent Windsor Star headline regarding the Stellantis deal: “Agreement ensures thousands of new jobs” in reference to the new battery plant.

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This should have read: “Agreement buys thousands of new jobs.”

Article content

Billions of dollars likely to be paid by my grandchildren will be borrowed to finance government “green” fantasies that I feel are neither green nor practical.

If one uses the Volkswagen deal as a yardstick, the cost of each job created by my math equals $4.3 million.

Assuming an annual wage of $70,000 per year it will take 69 years of employment, per worker, before this investment pays dividends.

Is it any wonder Canada is moving closer to financial collapse?

Rick Mailloux, Windsor

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Send letters to the editor to letters@windsorstar.com. (Don’t send them as attachments; put them in the body of the emails). Letters must include your full name, address and phone number. (We will only publish your name and the municipality where you live). Letters must be fewer than 300 words. The Star reserves the right to edit, condense and reject letters.

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