Will Harper choose Ideology over common sense?
Today the GM reported that the Technology Partnership Grants had a net positive impact on the Canadian economy of $32 billion or 8.6 times the cost of the program.
I'd say that's a pretty successful program that should be kept in place.
Will Harper once again choose the wrong policy choice just because he promised it during an election?
This would be strike two- remember the GST?
You can get the article here.
I'd say that's a pretty successful program that should be kept in place.
Will Harper once again choose the wrong policy choice just because he promised it during an election?
This would be strike two- remember the GST?
You can get the article here.
posted by Dave @ Tuesday, September 12, 2006
1 Comments:
At 1:19 AM ,
Anonymous said...
The biggest flaw in this analysis is that it is impossible to determine which companies would have went forward with the project even if they hadn't received the grant. The analysis assumes that the TPC project is fully responsible for the 30 billion in economic activity when its only responsible for a fraction of that amount.
Companies do not make a decision to go forward on a project based soley on its capital cost, but rather on the future cash flows generated by the product, over and above the capital investment. It makes a nice headline but it doesn't make much sense.
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