This this analysis conflates tax exemptions with subsidies and cash payments.
You can't pay workers for 10 years with a tax exemption alone. You still have to make money selling product.
Similarly, those workers won't have income tax exemptions
You can't pay workers for 10 years with a tax exemption alone. You still have to make money selling product.
Similarly, those workers won't have income tax exemptions
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
Seems unfair - why not give workers tax exemption instead, let the companies pay there way. You will attact the best talent, or so the theory goes!
However, the general Canadian public would flip their s** some people were given income tax deductions based on their job while they weren't.