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Ottawa is spending $1.7M for 10 new jobs at a pasta plant. Are such loans and government aid worth it?
When the federal government said earlier this week its $1.7 million loan to a Brampton, Ont., pasta plant would create 10 jobs, some questioned whether that taxpayer money was being put to good use. One economics professor tweeted he was “legit astonished” by the investment in Italpasta. “Do they not understand just how insane this is? That spending north of $170k for *one job* is an embarrassment, not an achievement?” wrote Stephen Gordon of Laval University. And that was just a fraction of the billions of dollars in subsidies that were announced recently for theRead more