Published Jul 16, 2023 • Last updated 22 hours ago • 1 minute read
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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