Skip to main content

“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

FORSETH: If government is providing $46.66 million for 3M Canada to expand production of N95 masks – shouldn’t we be sharing in the profits 3M will make from this investment?

 

This morning, Prime Minister, Justin Trudeau, and the Premier of Ontario, Doug Ford, announced an agreement -- between the Government of Canada, the Government of Ontario and 3M Canada -- on a joint investment to expand a manufacturing facility for N95 respirators in Brockville, Ontario.

The Government of Canada and the Government of Ontario are supporting 3M’s capital investment by contributing $23.33 million each.

The facility will produce 25 million N95 respirators for the Government of Canada and 25 million for the Government of Ontario per year over five years.

This will provide 50 million N95 respirators annually to help health care workers, first responders and other essential workers with the equipment they need to continue their vital work.

That means, according to the joint media release, the investment equals approximately $1 per mask (93 cents each) -- based on the total investment of $46.66 million dollars -- with the government receiving for 50 million masks.
HERE’S THE QUESTIONS I wondered about when I read the joint media release form the Governments of Canada, and Ontario: 

  1. What will 3M Canada themselves be investing into the expansion of their facilities -- and new equipment -- that will enable them to increase production of these masks?

  2. How many additional masks will 3M now be able to manufacture, with this $46.66 million dollar “contribution” to 3M, using taxpayer resources?

  3. What additional “long-term profits” will 3M be able to realize, due to the people of Canada contributing to their ability to create more of these respirators?

  4. What benefits will the people of every other province in Canada receive from this deal? ... and finally ...

  5. If government is providing $46.66 million for 3M Canada -- to be able to expand production of N95 masks – shouldn’t Canadians share in the profits 3M will be making from this investment?


So, those are my questions – do you have any to add that I may have missed?

I just have to say it sure seems like a pretty sweet deal for 3M Canada, with our government acting like an ATM providing them with cash ...

... what do you think?

Labels:

Comments

Post a Comment

Popular posts from this blog

The NDP is destroying BC's softwood industry as 100 Mile House mill shuts down and jobs vanish

No more than a few days after the province hosted its much-touted summit to discuss the continuing impact of U.S. softwood tariffs, and with Statistics Canada reporting another decline in BC’s softwood production, the axe has fallen on West Fraser Timber’s 100 Mile House mill. Lorne Doerkson, MLA for Cariboo–Chilcotin , says the devastation now hitting the South Cariboo is what happens when government ignores every warning sign coming from the forest sector. “One hundred and sixty-five people in 100 Mile House just lost their jobs,” said Doerkson. “That’s 165 families wondering how they’ll pay their bills and whether they can stay in their own community. The ripple effect will hit every business on main street, from the gas stations and restaurants to the grocery stores.” “The Minister’s thoughts and prayers aren’t enough for those families facing unimaginable hardship. It’s time this minister did his job and not another photo op,” said Doerkson. “The Minister thinks the ...
Post a Comment
Read more

Premier’s Office Acknowledges Richmond Residents Affected by Cowichan Land Claim Face Issues on “Mortgages, Property Sales”

“The Premier’s Office is secretly sending letters to my constituents behind my back. If the NDP were truly committed to transparency and supporting residents, they would have proactively engaged with owners years ago, not rushed out last-minute letters to cover their tracks.” ~~ Steve Kooner, Conservative MLA for Richmond-Queensborough and Opposition Critic for Attorney General Steve Kooner, Conservative MLA for Richmond-Queensborough and Opposition Critic for Attorney General, is criticising Premier David Eby and the NDP provincial government for secretly delivering non-committal, last-minute letters to Richmond residents affected by the Cowichan Tribes land claim. For over six years the NDP misled British Columbians on the implications of indigenous land claims. Premier Eby is now quietly sending staff to conduct damage control following public fallout from his 2019 strategic directive for government lawyers not to argue extinguishment of aboriginal title, even over p...
Post a Comment
Read more

Kamloops woman’s cancer test cancelled due to Interior Health mandates for OB/GYNs (iNFO News)

A Kamloops woman’s cancer screening appointment was considered urgent by her doctors and scheduled within weeks, but it was postponed indefinitely when Interior Health ordered her gynecologist take that day’s on-call shift. Troylana Manson now waits with the mystery of whether she might have cancer amid a staffing crisis for women’s health care specialists in Kamloops. “I was happy to have that appointment in December so we could rule this out, but now it’s thrown in the air again. People in Kamloops, certainly people in positions of power, need to realize what Interior Health is doing”  ... CLICK HERE for the full story
Post a Comment
Read more

Labels

Show more