Manitoba Conservative Premier Brian Pallister is forking over $1.48M to help Canada Goose expand its manufacturing operations in Winnipeg as part of a larger $15.8M taxpayer handout that the Premier says will create about 700 jobs.
Pallister says the handout will help train sewing machine operators over the next three years, as if that makes this handout to a luxury company any easier to stomach.
Normally I support Canada Goose, not due to any misplaced consumer patriotism but, because they annoy the freaks at People for the Ethical Treatment of Animals and have never surrendered to PETA’s crazed social justice pressure mob!
But being able to ignore a bunch of anaemic hippies with no buying power is hardly a good enough reason to support corporate welfare to one of Canada’s best performing companies.
Last year, Canada Goose was listed as one of Canada's fastest growing companies by CanadianBusiness.com, who report that the company's revenue has boomed by 393 per cent over the past five years, earning it the 171 spot on 2017’s Profit 500 ranking of Canada’s Fastest Growing Companies.
And, to say Canada Goose is Canadian is stretching the definition. In 2013, seventy per cent of the company was acquired by American firm, Bain Capital and the rest of the shares are publicly traded.
Canada Goose HQ is in Toronto and of course it does provide jobs for Canadians but so do thousands of other companies, all without a penny of taxpayer cash.
Manitoba taxpayers who can’t afford Canada Goose clothing shouldn’t be forced to subsidize $1200 parkas for those who can.