Welcome fellow doo defectors.

Teth-Air

Active VIP Member
Joined
Oct 16, 2008
Messages
3,785
Reaction score
8,085
Location
Calgary/Nelson
Got tired of the attitude they were giving the owners over the issues that weren't issues.

So I canceled my snow check and ended up in the lonley section of snow and mud lol.

Now you can get tired of the lofty altitude instead of the lofty attitude. But i'm sure Ken wasn't to blame, he seems genuine.
 
Last edited:

Cat401

Active VIP Member
Joined
Dec 27, 2008
Messages
3,115
Reaction score
8,290
Location
Waskatenau, Alberta
Lmao! Another Doo hater thread. You guys are worse than liberals. Move on! Haha


Isn't BRP a huge Liberal supporter???.......they have to be from getting all that trough money back in the day when they were under the Bombardier umbrella....

so one can say.....buy BRP......support the liberal party......

just kidding snopro....don't pop a gasket....lol
 

Cat401

Active VIP Member
Joined
Dec 27, 2008
Messages
3,115
Reaction score
8,290
Location
Waskatenau, Alberta
Actually back then it was the conservative govt that bailed them out.... Recently it was bombardier planes/trains/army vehicle division(which is seperate from ski-doo or brp) that was bailed out by the libs

yah sure....you really want to make a statement that Trudeau in the 70's and again in the 80's, the Chretien & Martin regimes in the early 2000's didn't bow to the Bombardier money woes???
 

Summitric

SUPER COOL MOD & Supporting Vendor
Moderator
Joined
Oct 21, 2006
Messages
48,082
Reaction score
32,189
Location
Edmonton/Sherwood Park
Website
www.bumpertobumper.ca
yah sure....you really want to make a statement that Trudeau in the 70's and again in the 80's, the Chretien & Martin regimes in the early 2000's didn't bow to the Bombardier money woes???
[h=1]Bombardier and Canada's corporate welfare trap[/h]


Appeared in the Vancouver Province


In the land of government plenty—that vast landscape populated with the tax dollars of Canadians—there is no shortage of politicians willing to hand out and defend subsidies to business and no dearth of corporations willing to take the cash.
Bombardier Inc., which recently announced it would lay off 1,700 people, has been one chronic seeker and a regular recipient of such taxpayer assistance. The Montreal-based aerospace company is thus a useful example of corporate welfare in action, the tax dollars at stake, and the regular, inflated claims about the beneficial effects of such subsidies.
Bombardier’s corporate welfare began, at least federally, in 1966 when it received its first disbursement of $35 million from the federal department, Industry Canada. In the decades since, various Bombardier iterations received over $1.1 billion (all figures adjusted for inflation) in 48 separate disbursements from just Industry Canada. That includes two 2009 cheques worth $233 million.
Most of the money, excepting $55-million in grants, came in the form of “conditionally repayable contributions”—conditional loans where repayment depends on the performance of a particular project.
That $1.1 billion does not include tax dollars received from any other federal department or other governments, including in Ontario, Quebec and even Great Britain ($298 million in the latter case). But if taxpayers wish to know how much money has been repaid out of just the amounts above, they’re mostly out of luck.
Publicly, Bombardier claims it has repaid $275 million on two government loans originally worth $187 million. That ignores the dozens of other disbursements and much larger amounts loaned to the company.
Some other scraps of information are available though. In 2008, Industry Canada’s department performance report noted a $108.4 million loan guarantee write-off. The department did not specify which company benefitted when taxpayers covered the loan, but media reports noted it was for government guarantees connected to Bombardier’s turboprop aircraft.
Beyond such glimpses, my Access to Information requests to Industry Canada are regularly returned with the repayment records of most companies (not just Bombardier) blacked out. Under the federal Access to Information Act, the department must, legally, if a company might suffer financial loss or have its competitive position undermined. In addition, Bombardier has also filed in Federal Court to prevent access to such numbers.
There are even larger corporate welfare recipients than Bombardier--for example, Pratt & Whitney has garnered $3.3 billion from Industry Canada since 1970. But if subsidies are so commercially sensitive, it should be obvious that governments potentially harm competitors when they interfere in an open market and at taxpayers’ expense. Then there is the fact that the money governments hand over is first taken from someone else, either a private citizen or another Canadian business. Corporate welfare is not a costless activity.
More generally, despite the multiple claims for subsidizing businesses with tax dollars—higher economic growth, more jobs and extra tax revenues— the justifications wilt when examined closely.
For instance, one of the world’s foremost experts on business subsidies, Professor Terry Buss, has noted how the various claims often result from correlation-causation errors. (That the rooster crows and the sun rises, does not mean the former caused the latter.)
Also, the government and industry studies that promulgate such myths fail to account for how “gains” to one region are necessarily offset by losses elsewhere.
The simplest example of this substitution effect occurred back in 1986 when Industry Canada helped pay for the construction of a new fish processing facility in Quebec at a cost of $2.2 million. The justification was that an additional 250 jobs would be created when the new plant opened its doors. However, as the Auditor General noted in 1995, the nearby existing fish-processing facility (which also received federal subsidies) soon closed with job losses equivalent to those created by the new market entrant. Net employment gains were zero because jobs were transferred—not created—at the cost of taxpayer subsidies.
Corporate welfare is not inevitable as policy. Back in the 1990s in Alberta, after a plethora of loans and loan guarantees signed during the Peter Lougheed years went south, leaving taxpayers with a $2.2 billion loss, the then government of Ralph Klein decided it was out of the business of being in business. It was a pledge and a legislature-approved policy to which the Klein government mostly stuck.
There is nothing contradictory about wanting Bombardier, Pratt & Whitney, or other businesses to thrive and yet opposing taxpayer subsidies based on the empirical evidence. Corporate welfare is costly and taxpayers don’t need to be continually dragged into corporate battles for market share.



[h=2]Author:[/h]







 

+SLEDWRECKS+

Active VIP Member
Joined
Sep 27, 2012
Messages
522
Reaction score
1,168
Location
Sylvan Lake
294f19db7ca0be74c54c412376ff7f67.jpg flingstone-469090988788.jpg
 
Last edited:

Wendolyn

Member
Joined
May 10, 2018
Messages
8
Reaction score
12
Location
USA Arizona
Maybe we need a thread for called "Doo Deflectors"the doolaide guzzlers who believe anything BRP makes is awesome and anytime someone points out a defect, they quickly deflect towards or bring up (or many times make up quick-hits-slot) deficiencies of another brand......lol




 

snopro

Active VIP Member
Joined
Mar 3, 2009
Messages
109,918
Reaction score
108,768
Location
Milo,Alberta
Maybe we need a thread for called "Doo Deflectors"the doolaide guzzlers who believe anything BRP makes is awesome and anytime someone points out a defect, they quickly deflect towards or bring up (or many times make up quick-hits-slot) deficiencies of another brand......lol





We could but it would be the same 6 guys ruining that thread as well.
 
Top Bottom