n3m37h@sh.itjust.works to Ontario@lemmy.ca · 3 months agoGoodyear to receive 44.3 Million for expansions from Canadians, WHY?!?!www.cbc.caexternal-linkmessage-square5fedilinkarrow-up135arrow-down11file-textcross-posted to: ontario@lemmy.caontario@lemmy.ca
arrow-up134arrow-down1external-linkGoodyear to receive 44.3 Million for expansions from Canadians, WHY?!?!www.cbc.can3m37h@sh.itjust.works to Ontario@lemmy.ca · 3 months agomessage-square5fedilinkfile-textcross-posted to: ontario@lemmy.caontario@lemmy.ca
A company that nets $20 billion in revenue, recieved 44.3 million from Canadians, 20 Mil from Ontario Once again… WHY!!!
minus-squareAvid Amoeba@lemmy.calinkfedilinkarrow-up18arrow-down1·3 months agoBecause unlike China, we like publicly funding private enterprises without receiving any ownership. 🙂↔️
minus-squareILikeBoobies@lemmy.calinkfedilinkarrow-up4·3 months agoIt’s not just China The US received ownership when they bailed out companies in 2008. They just sold it to recoup the investment instead of controlling the company
minus-squareAvid Amoeba@lemmy.calinkfedilinkarrow-up2·3 months agoTrue but that was the exception to the rule. Most subsidies are given without any ownership stakes in return.
Because unlike China, we like publicly funding private enterprises without receiving any ownership. 🙂↔️
It’s not just China
The US received ownership when they bailed out companies in 2008. They just sold it to recoup the investment instead of controlling the company
True but that was the exception to the rule. Most subsidies are given without any ownership stakes in return.