Liberal Minority Government 2025 - ???

[Jarnhamar]

Let's not act like its just the liberals who do this at committee

Is this one of those "context matters" issues?

The edits in that video give off a carefully cherry picked vibe. Maybe he is stalling, where's the full unedited video?

 

[Halifax Tar]

Is this one of those "context matters" issues?

The edits in that video give off a carefully cherry picked vibe. Maybe he is stalling, where's the full unedited video?

Of course it is, but whataboutism rules the day for some here.

 

[MilEME09]

Is this one of those "context matters" issues?

The edits in that video give off a carefully cherry picked vibe. Maybe he is stalling, where's the full unedited video?

Im sure we could find it on CPAC, either way, this is the culture in Ottawa regardless of which party is in charge. You can find examples during the Trudeau years, Harper, Martin, etc, I always find it funny that the we the CAF get called out for toxic culture but parliment cant seem to look in a mirror and see its own behavior

 

[Jarnhamar]

I did but lets face it, the government lies

Yeah they do, and Canadians make excuses for supporting liars.

More on that company and the most transparent government ever.

Feds gave Stellantis more than $220M before Brampton decision, records show​

The federal government paid Stellantis more than $220 million to help upgrade its plants in Ontario before the automaker revealed plans to move some production to the U.S., recent records show.

It’s more than double the amount the federal government disclosed when asked in October about its Stellantis spending, after the multinational announced that it will scrap plans to build the Jeep Compass at its Brampton plant and assemble it in Belvidere, Ill., instead.

“Stellantis has received $18,629,124 under the agreement for FYE (fiscal year end) 2023 and $85,936,055 for FYE 2024, for total support of $104,565,179,” a spokesperson for Innovation, Science and Economic Development Canada (ISED) told CBC News at the time.

But the figures did not include the most recent fiscal year, which concluded at the end of March. Last month, the federal government released its yearly public accounting documents, showing that it paid FCA Canada — Stellantis’ Canadian arm — nearly $118 million during the 2025 fiscal year, bringing the total to roughly $222 million.

ISED did not respond to questions before deadline.

So once again we see the Liberal government trying to obscure exactly how much money was going to whom, and under what precise conditions.

Standard Operating Procedure at this point.

 

[Brad Sallows]

When companies reduce employment and/or Canadian presence after receiving subsidies from Canadian governments, is anyone inclined to just stop subsidizing companies? Or is this always going to be a Lucy-with-football cycle of regret?

 

[Halifax Tar]

When companies reduce employment and/or Canadian presence after receiving subsidies from Canadian governments, is anyone inclined to just stop subsidizing companies? Or is this always going to be a Lucy-with-football cycle of regret?

Will never stop. Its a feature not a bug.

 

[Halifax Tar]

Yeah they do, and Canadians make excuses for supporting liars.

Canadians get the Governments they deserve.

 

[MilEME09]

When companies reduce employment and/or Canadian presence after receiving subsidies from Canadian governments, is anyone inclined to just stop subsidizing companies? Or is this always going to be a Lucy-with-football cycle of regret?

I dont think we should stop giving money to try and save jobs but when we give you half a billion dollars to not cut jobs, and you cut jobs. Id be demanding my money back, with interest.

 

[Eaglelord17]

I dont think we should stop giving money to try and save jobs but when we give you half a billion dollars to not cut jobs, and you cut jobs. Id be demanding my money back, with interest.

If your referring to Algoma those job cuts were coming either way. Without that 500 million there wouldn’t be any jobs as the whole place would have gone under. Context matters.

 

[MilEME09]

If your referring to Algoma those job cuts were coming either way. Without that 500 million there wouldn’t be any jobs as the whole place would have gone under. Context matters.

Do we know that for sure though? we know they said cuts were coming before the loan, but did that number actually change. because if the 500 million caused the number to go from hypothetically 3000 to 1000, okay great, but if it was 1000 before and still cut, id want my money back.

 

[Eaglelord17]

Do we know that for sure though? we know they said cuts were coming before the loan, but did that number actually change. because if the 500 million caused the number to go from hypothetically 3000 to 1000, okay great, but if it was 1000 before and still cut, id want my money back.

I can tell you from being directly involved, most those cuts were coming no matter what.

Switching from the blast furnace to electric arc is a substantial loss of jobs.

The only jobs which are being cut which are temporary are in the Cold Mill and DSPC, those jobs are being laid off due to lack of demand for those products in Canada and the tariffs from the States preventing sales.

Without that 500m loan they wouldn’t make it to the transition which is necessary to get back in the black at the moment. If you look at this years reports they have lost so much money it isn’t even funny, mainly because they are forced to run at a loss due to the nature of the blast furnace (can’t shut down).

Tariffs have screwed Algoma but the layoffs were coming, they just sped them up.

 

[Brad Sallows]

There's a difference between a true loan and a true subsidy. I haven't enough interest in the matter to chase the story, but perhaps those following it might want to nail down which one it is.

 

[Czech_pivo]

I can tell you from being directly involved, most those cuts were coming no matter what.

Switching from the blast furnace to electric arc is a substantial loss of jobs.

The only jobs which are being cut which are temporary are in the Cold Mill and DSPC, those jobs are being laid off due to lack of demand for those products in Canada and the tariffs from the States preventing sales.

Without that 500m loan they wouldn’t make it to the transition which is necessary to get back in the black at the moment. If you look at this years reports they have lost so much money it isn’t even funny, mainly because they are forced to run at a loss due to the nature of the blast furnace (can’t shut down).

Tariffs have screwed Algoma but the layoffs were coming, they just sped them up.

I'd be more interested in exploring the Fed's taking on an equity stake within the companies on a go-forward basis.

You want us to give you 500$ million in cash, ok based on the closing price of your stock on Day X we are buying Y number of shares and we now own Z % of the company. We have the ability to convert our shares in the future (between time period A and B) on the open market or provide the company first right of refusal to purchase the shares based on market prices back into cash.

We did that previously with both GM and Daimler-Chrysler back in 2008/09 during the 'Great' Recession.

 

[Jarnhamar]

I dont think we should stop giving money to try and save jobs but when we give you half a billion dollars to not cut jobs, and you cut jobs. Id be demanding my money back, with interest.

Similar to the caps not cuts debate; the government should have known better.

 

[MilEME09]

Similar to the caps not cuts debate; the government should have known better.

seems like governments never learn, look at the forgiven loans to GM and ford, doesn't matter whos in charge, governments keep making this same mistake