All these companies that need this deal to stay competitive. I wonder just how many of them are on the corporate welfare rolls year after year after year

I am not one to ignore job losses however you do have to question whether specific individual companies need all the handouts

looked at from a different perspective if there are 15 companies in the province doing the same thing and 5 of them folded. all the contracts held by those 5 companies would be spread between the remaining 10 depending on who bids on what and who gets what contracts.

those companies would have to pick up at least some employees to get the job done meaning job loss would not be total

more importantly the 10 companies left would function more efficiently

now look at the overall picture

in this province there are many surplus companies or businesses who are glutted in certain areas without a sufficient customer base to support them, if some of them closed or consolidated the increase in revenue would mean less corporate welfare

it would also mean that when a new business looks at this province they no longer see a bunch of companies who can barely make ends meet and it would make this province look more appealing

artificially dropping industries rates does nothing but extend further this provinces corporate welfare status