Re:Why is Canada giving two automakers $30B in subsidies for...
by rolldat777 on Tuesday August 15, 2023 @12:31PM
(#37135986)
One way or another the company's obligations are down. Company revenue is ~$200B/yr so they will easily take advantage of the full tax exemption, which you could then think of as paying workers or any other business expense (pessimist note: I strongly suspect it will not go towards higher wages or better working conditions).
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Re:Why is Canada giving two automakers $30B in subsidies for...
by s1artibartfast on Tuesday August 15, 2023 @12:57PM
(#37136285)
Volkswagen and Stellantis have 200B Canadian revenue? Where are you getting your numbers from?
That's 10% of Canada's entire GDP
The profits might not go to the workers, but whatever they will be getting paid to work at a battery Factory is more than zero for not working. If a battery Factory doesn't pay more than the next best job, they won't have any employees