Linamar to invest $1B in Ontario auto sector

Jamie Murray, portfolio manager at The Murray Wealth Group, reacts to Guelph's auto manufacturer Linamar announcing it will be investing $1 billion to Ontario's auto sector.
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[@lekely4115]

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[@brucehoodb]

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[@lekely4115]

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[@yvesmorneau2492]

We just found our new hero ! Air pocket man Stay away from air pocket as you fly in circle

[@seangriffin7803]

Your tax dollars at work..... probably 3 million given for each job like those EV battery plants. Scam

[@ryuuguu01]

Some actual numbers as opposed to made up numbers. $1b for an expected 2,300 jobs is $435,000/ job. The government grants are only 10% of this so that is $43.500/ job. All the numbers can be found in print news stories just goggle Linamar news.

[@TechFollower]

In companies mind in Canada nowadays.....Take this money from Canadian government and move to USA

[@woodrmp1]

Linamar is a bad place to work. Low pay and crazy hours. Even worse than their other Canadian competitor (starts with an M)

[@ianhowes8141]

Sounds like a pretty dumb decision at this time - must be counting on subsidies from government!

[@briandufoe3719]

Oh,PP will hate to hear that, after he said the Canadian economy is collapsing.

[@AndySowyer]

Not interesting name at all..

[@michaelanderson3096]

Make union dues optional too - 60000 manufacturing jobs & GDP increases by $14 billion in The Province of Ontario 😮. Fraser Institute. + eliminate the corporate tax rates 😢. The money 💵 companies in The Province of Ontario would save from no corporate tax rates can be reinvested to build new plants, buy new equipment & hire new workers.