immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Investment

investment: Its safe to say no Nova Scotia government has ever provided a business subsidy without rousing a squall of skepticism about whether taxpayers will see a return on, or return of, the investment, according to The Chronicle Herald. But we d be worse off if governments decided the way to avoid Syscos was to steer clear of Michelins, too, and never share any investment risk. Better, surely, if they learn, like good generals, to reinforce success, not defeat and Understandably so. Governments have made plenty of bad investments, though they ve made productive ones, too. Assistance for Michelin has clearly yielded positive returns in employment, incomes and taxation. Its equally obvious billions poured into Sydney Steel were a failure. (www.immigrantscanada.com). As reported in the news.