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.