September 29, 2016

Notley’s Ceapro handout: $2.4M taxpayer dollars to create 30 jobs

Sheila Gunn ReidRebel Commentator
 

The NDP made a big announcement this week, bragging about the success of their economic diversification efforts. There was even a press conference at an Alberta bio­-oil company that is the proud recipient of corporate welfare.

$2.4 million was handed over to a company called Ceapro to help them develop technology to harvest oat oil for cosmetic use. The “investment” has allowed the company to double their workforce from 30 to 60 employees.

But let’s put down our orange pom-poms for a second and do the math.

$2.4 million divided by the 30 jobs created means that each one of those jobs cost the Alberta taxpayer $80,000. What part of the salaries is the company paying?

It cost $2.4 million taxpayer dollars to create 30 jobs but it took the carbon tax and Bill 6 to end 85 jobs at Western Feedlots. And they didn’t even want a handout but just wanted the government out of the way.

Western Feedlots CEO Dave Plett blamed the job losses on what he called the “layering on of policy on agribusiness” through government measures such as Bill 6 and the carbon tax.

If the government thinks that this is the way to replace the over 100,000 jobs that Alberta has lost, at this rate it’s going to cost nearly $9 billion in crony handouts. We are going to need a lot more government moisturizer factories.

The government shouldn't be taxing me more so they can use my money to choose winners and losers. The NDP need to get out of the way so the winners can win and the losers can lose.

Besides, government make-­up has that greasy feel.

Comments
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commented 2016-10-01 13:12:31 -0400
Notley can use all the oat oil she can get it won’t help her any. Topically or politically.
commented 2016-10-01 13:10:52 -0400
The government should NEVER be creating jobs. The job of the government is to provide an economic environment in which private business can flourish. Any company worth their salt makes it with out government money if it wants to survive in the market place. As expected Notley is a clown and she is the sole reason Alberta has sht the bed.
commented 2016-09-30 23:56:14 -0400
Think it is about time that the American Sniper is hired !!! What the f**k is happening to Alberta and Canada?? How can we allow all these phucking idiots to take us down simply because a few morons have a fallowing of a hord of more ignorant morons?
OAT oil ? What the hell can these tyrants dream up next
Time to clean up the mess & the trash!
commented 2016-09-30 10:40:05 -0400
this as everything the ndp touch will turn to shit.
commented 2016-09-30 09:54:06 -0400
BILL ELDER, “Do I really have to keep saying this – is it such arcane insight that so few seem to understand that the purpose of government is not to stand in for private investment in the free market”. But Bill, that isn’t the mind set of a socialist government which is what we have with the NDP.
commented 2016-09-30 03:02:45 -0400
Why is it that socialists fund certain private enterprise while they want to stop others from doing so, and why are they often the worst examples of crony capitalists?
commented 2016-09-30 01:29:45 -0400
The jobs will not last, based on all government’s success in intervening in the market.
commented 2016-09-29 23:28:01 -0400
You darn right Deborah. Here is a company like the feedlot plant who are surviving & employing 85 people with no handout from the govt, but Notley helps to shut them down with her tax policies. She then turns around & gives a huge handout to a private company to create 30 jobs. This is just senseless & this company will go nowhere & ask for more down the road. There is absolutely no logic to her madness.
commented 2016-09-29 22:24:04 -0400
The government should not be in the business of creating jobs. They need to get out of the way and let private industry grow business, which creates jobs. Any time the government tries creating jobs, it’s because they are passing the money onto their friends, and you can be sure they are getting a kick back.
commented 2016-09-29 22:18:26 -0400
So , they’re "making out " with our money for makeup by making up jobs out of thin air , that we’ll have to bail out time to time to make it all work - so it’s a make work work project tied to union membership
commented 2016-09-29 19:48:09 -0400
Do I really have to keep saying this – is it such arcane insight that so few seem to understand that the purpose of government is not to stand in for private investment in the free market.

If this operation had a product/service which has any merit, investors or risk capital will find its way into expanding it.

By using public money to invest in private market ventures using political or nepotistic reasoning as the benchmark, instead of merit and return on investment, the markets soon do not produce excellence but failure because competitive advantage is no longer determined by the buyer but the investor (government).
commented 2016-09-29 19:33:21 -0400
The N.D.P. should be called the crap party and the company Crappro.
commented 2016-09-29 19:09:07 -0400
Thirty jobs created, that means only about 199 970 more to sort of get back to where we were 18 months ago. At $80 000 a job, that is a big hole to fill which will be left to the 2020 government. Yes, I still hold that the Non-Democratic Party will go constitutional mandate and not legislated.