The Canadian Press released an article today covering Mark Carney's response to Stellantis' decision to relocate production of its new Jeep line to the United States. This move follows a $15 billion investment and an agreement that included not only this project but also the EV Battery Plant in London. Additionally, it is noteworthy that the Canadian government has provided financial assistance to Chrysler on two separate occasions. To prevent bankruptcy.
Carney responded unexpectedly to an individual who had a notably assertive approach, often referred to as "Mr. Canada." The company indicated the possibility of introducing a new production line at the Brampton facility for a forthcoming car model; however, they clarified that this development is planned for the future and not expected to occur soon.
This response does not align with the responsibilities of someone whose role is to protect Canadian citizens and ensure that agreements and contractual commitments made to the Government on behalf of the public are honoured.
As a kid, I'm often reminded of the cartoon Popeye with a character called Wimpy whose line was, “I will gladly pay you Tuesday for a hamburger today.” This means Carney is proceeding without any mention of a penalty, taking Stellantis at its word. Meanwhile, the Hamburger Stellantis is receiving 15 billion dollars, and like Wimpy, who we assume never paid anyone, will walk away free and clear, taking 5000 direct jobs and numerous spinoff jobs out of the Brampton economy.
A similar incident occurred previously with Caterpillar Locomotive during Stephen Harper's administration, when the company received substantial government funding but subsequently withdrew its operations. Over the years, other initiatives have also benefited from significant corporate subsidies.
Now I am sure that Carney will come up with a reason that he did not negotiate this deal. Still, the mere fact, even after a harshly worded letter from one of his cabinet members, he is appearing to back down. Soon, I fear that Canada's investment in this agreement will disappear into the night along with Stellantis.
Carney mainly focused on his work as a corporate banker and how they would respond rather than prioritizing the protection of Canada's financial and economic interests. Consequently, his actions have generally aligned with developments and initiatives within the corporate banking sector.
Carney, I hate to say this, but you're a coward! I don't think most Canadians can not conceive 15 billion dollars. I tell you one thing, they can conceive: the loss of their Carers and the small businesses that those employees helped to support.
This is a substantial blow to the community, and the ripple effects will be felt by families, neighbourhoods, and local businesses for years to come. The trust Canadians place in their leaders and institutions is being eroded, not just by broken promises but by the lack of accountability when major corporations benefit from public funds and then abandon their obligations. What message does this send to the next generation of workers and entrepreneurs? It’s hard not to feel disillusioned when those tasked with defending our interests seem more eager to appease big business than to fight for the livelihoods of everyday people.
It is my view that Don Davies of the NDP, along with the Bloc and the Conservatives, should consider introducing a motion of non-confidence in the Carney Government regarding this matter. There are concerns that Mark Carney has misrepresented himself to Canadians. It is imperative that, if he remains in office, he demonstrates readiness to act and provide leadership that prioritizes the protection and service of Canadians.
No comments:
Post a Comment