NightOwlCanada to Claim Stellantis, GM Owe Hundreds of Millions to Government
LemmyoutofhereGood. Fuck the US, and American corps.
panda_abyssYou can’t take our money and leave.
If you take a deal, fulfil your end of the bargain.
That’s not the Trump American way.
Yes, this is a thoroughly disgusted and embarrassed American saying this.
I’m 95% sure Trump will go and throw a hissy fit about any fine these companies face and we won’t recoup it — with threats of annexing us again and boosting tariffs to some new more than 100% number.
So you can save some of your disgust for later in the week.
American companies doing this is nothing new, the issue was raised when these deals were signed.
Our only response is to ban the sale of their vehicles until it’s paid back.
There is nothing to pay back, these were production based tax credits. They see no $ if they don’t make cars here.
Then just the paying of the regular breach of contract fines.
Doesn’t make a difference.
There is value in standing on principal though, even if the outcome doesn’t end in getting compensation, if tRump wants to us extortionate tactics and enable bad corporate actors to do the same he’ll have to do it in the open. These companies are hoping to violate contract law, and the WSJ is happy to use neutral, or even favourable rhetoric to run cover. So while I sympathize with feeling exhausted or futility, I applaud the Canadian government for not just quietly accepting this sort of behaviour. This might be a good optics opportunity to point out exactly who is the actual threat to job creation here, too. These companies aren’t making a good case for what Canada could expect to look forward to if they capitulate to annexation rhetoric, especially with how vindictive the current US regime has proven itself to be time and time again.
The problem is the Liberals put no clause in to deal with this situation. They cant retroactively make a law against their own stupidity for signing a bad contract, the best they can do is arbitrarily punish them, sending the signal we operate our country not by lawa but like North Korea.
WTFF is this screed? A deal signed before the naziamerican diaper shitter came back? Does our liddle con man have some hurt fee-fees because there was no clause written in for every possible eventuality?
Go emigrate, ungrate.
Seeing as neither of us know the details, we’ll see.
But if the money was given to invest here, and they withdraw their investments, even without a specific penalty clause that can be breach of contract and have damages.
The problem is the Liberals put no clause in to deal with this situation.
of course they did. No one gets federal money without audits and milestones. Focus back on haircuts and socks, because you have no idea how these deal work.
Probably impossible, but with VW pulling their plans out of the US, and stellantis moving to the US, maybe they could trade places 🤷
WSJ is a rag.
The federal indentives to Stellantis and GM were production-based tax incentives. So, the money was allocated for the future, but nothing was actually paid out. What Joly is saying is that if they bail on production, they will see no money. That was the deal from day one.
There is a myth propagated in media, especially the National Compost, that the government throws away free money without requirements and milestones. My Boomer Conservative neighbours love this idea, but it lives in their head rent free.
Frankly this exact type of manipulative messaging is why we need to review ownership in Canadian media, I can’t be the only one thinking it’s not great that like 85% of your news is provided by owners who are bound to US interests, you know, the country openly threatening our sovereignty…