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Trudeau gives MasterCard 50 million of taxpayer dollars


Rod

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do you understand incentives and what they are?  

The RIGHT cries to give tax breaks to companies/businesses to open in their city, happens all the time, in this case MC will open in Canada instead of USA - win for us 380+ high paying jobs 

 

MC to invest 500 million into Canada, giving jobs here for many decades to come in cyber protection and investigations of crime

 

Tell me the bad again - REBEL and POSTMENnial must of gave you your opinion again

When taxes are cut for Business why are you not complaining :dunno: 

 

go to REBEL for your response 

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20 minutes ago, ArcticCrusher said:

You have to excuse fail.

you called Trump a genius for giving billions to companies with the massive gift of reduction 

You cheer cities giving a Property tax break to rich companies to open up :dunno: 

 

really can you guys be anymore obvious 

Edited by 1trailmaker
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28 minutes ago, ArcticCrusher said:

You have to excuse fail.

You might think the federal Conservatives, who added $125-billion to the federal debt since 2008 and will add another $21-billion by the end of March, might be shy about unnecessary expenditures. Alas, thats not the case, as it appears Prime Minister Stephen Harper and his colleagues would rather hand out cash to corporate Canada instead.

In just the first two weeks of January, the prime minister announced another $250-million for the Automotive Innovation Funda federal subsidy program that provides the auto sector with taxpayer cash for research and development.

Then the prime minister announced $400-million for venture capital, mystifying those of us who thought it was fine to let private-sector angel investors risk their own cash, not that of taxpayers, on high-risk start-ups.

The recent taxpayer gifts are but the tip of the corporate welfare iceberg. Between 1994 and 2007, $202 billion was disbursed by all governments across Canada through subsidies to business.

Whenever politicians wish to shower taxpayer money around, predictable excuses are offered up in defence of crony capitalism.

and this was from ONEWAY FRASER https://www.fraserinstitute.org/article/harper-governments-crony-capitalism

I remember the outrage

Edited by 1trailmaker
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37 minutes ago, 1trailmaker said:

do you understand incentives and what they are?  

The RIGHT cries to give tax breaks to companies/businesses to open in their city, happens all the time, in this case MC will open in Canada instead of USA - win for us 380+ high paying jobs 

 

MC to invest 500 million into Canada, giving jobs here for many decades to come in cyber protection and investigations of crime

 

Tell me the bad again - REBEL and POSTMENnial must of gave you your opinion again

When taxes are cut for Business why are you not complaining :dunno: 

 

go to REBEL for your response 

Suddenly Failmaker is an advocate for “CORPORATE WELFARE! 
:lol:

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4 hours ago, 1trailmaker said:

do you understand incentives and what they are?  

The RIGHT cries to give tax breaks to companies/businesses to open in their city, happens all the time, in this case MC will open in Canada instead of USA - win for us 380+ high paying jobs 

 

MC to invest 500 million into Canada, giving jobs here for many decades to come in cyber protection and investigations of crime

 

Tell me the bad again - REBEL and POSTMENnial must of gave you your opinion again

When taxes are cut for Business why are you not complaining :dunno: 

 

go to REBEL for your response 

you DUMB FUCK you realize the R&D Centre will be located at the very location of NuData, the cyber security company MC acquired 3 years ago that already employs 100+ people in the cyber security space, so they were already in Vancouver anyways, right? 

Mouth breathing fucking imbecile

Edited by frenchy
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6 minutes ago, frenchy said:

you DUMB FUCK you realize the R&D Centre will be located at the very location of NuData, the cyber security company MC acquired 3 years ago that already employs 100+ people in the cyber security space, so they were already in Vancouver anyways, right? 

Mouth breathing fucking imbecile

Fail is such a fucking retard lol

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16 minutes ago, frenchy said:

you DUMB FUCK you realize the R&D Centre will be located at the very location of NuData, the cyber security company MC acquired 3 years ago that already employs 100+ people in the cyber security space, so they were already in Vancouver anyways, right? 

Mouth breathing fucking imbecile

so :dunno:  now there is 380 more jobs high paying 

What is the issue again?

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5 minutes ago, ACE said:

MasterCard is doing perfectly Fine but hey let’s give them 50 million lol

In the billions doing OK. Mastercard gross profit for the twelve months ending December 31, 2019 was $16.883B, a 12.93% increase year-over-year.

https://www.macrotrends.net/stocks/charts/MA/mastercard/gross-profit

 

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21 minutes ago, irv said:

In the billions doing OK. Mastercard gross profit for the twelve months ending December 31, 2019 was $16.883B, a 12.93% increase year-over-year.

https://www.macrotrends.net/stocks/charts/MA/mastercard/gross-profit

 

Might as well buy them some refrigerators too 

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I mean how stupid do people have to be to actually believe what they are being sold here? [Stares at Fail trying desperately to light a wet doobie in a windstorm]

Mastercard had NO intention of coming to Canada as per their own people:

 

Quote

Ajay Bhalla, Mastercard’s president of cyber and intelligence solutions, said his company was not looking to expand its complement of R&D centres until a meeting at the World Economic Forum last year with Mr. Bains and Ian McKay, head of Invest in Canada, a federal agency devoted to attracting foreign investment to Canada.

 

“We were of course very interested” in Canadian technology, talent and the country’s education institutions “but we did not have a plan to set up a whole cyber and intelligence centre out of Canada,” Mr. Bhalla said.

But Mastercard just acquired a cyber security company in Vancouver 3 years ago so obviously it was on their radar as they were ALREADY in Vancouver.

That aside, the $500 million dollar investment figure thrown about is laughably unrealistic given the headcount they are estimating over the next 10 years. 

It's like fail gobbles Liberal press releases for dummies whole without a sober thought on the matter...

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1 minute ago, frenchy said:

I mean how stupid do people have to be to actually believe what they are being sold here? [Stares at Fail trying desperately to light a wet doobie in a windstorm]

Mastercard had NO intention of coming to Canada as per their own people:

 

But Mastercard just acquired a cyber security company in Vancouver 3 years ago so obviously it was on their radar as they were ALREADY in Vancouver.

That aside, the $500 million dollar investment figure thrown about is laughably unrealistic given the headcount they are estimating over the next 10 years. 

It's like fail gobbles Liberal press releases for dummies whole without a sober thought on the matter...

This!! And he like to use his favorite saying, oneways, on others. Certifiable moron he is. :wacko:

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