$6.7 Million is the
cost for every ONE job created under the Ontario
Yet another scandal and continuing waste of taxpayer’s money
thanks to the Ontario Liberal party’s
government as it continues to be propped up by the Ontario
Liberal party premier Kathleen Wynne and former liberal Premier
McGuinty’s political energy deal with Samsung was going to create 16,000 new
green energy jobs at taxpayer energy buyback cost of $9.7 Billion for an original
investment of $7 Billion
by Samsung!
Resulting in a $2.7 Billion
taxpayer cost in securing a $7 Billion
Samsung energy investment in Ontario
However, as of today, this taxpayer-funded investment cost of $2.7 Billion has resulted in only 641 jobs. (401 jobs at CS wind, 200 jobs at Siemens and 30 jobs SMA Solar as reported
by Antonella Artuso, with thanks)
Now, Samsung’s reduced investment shall be $5 Billion for those originally proposed
900 green jobs
with the taxpayers being on the hook for a reduced energy buyback cost of $6 Billion?
A $6 Billion
taxpayer-funded cost to secure a $5 Billion
Samsung energy investment and 900 green
energy jobs that are protected only until 2016? With the
politically estimated possibility of some 9,000 temporary
construction jobs reduced from the
original estimate of 16,000!
That works out now costing the taxpayers $6.7 Million for every ONE new green energy job from the 900 to be
created by this downsized Samsung investment of $5 Billion
at a taxpayer energy buyback cost of $6 Billion.
With these 900 new green
energy jobs to be protected only unit 2016!
That is the jest of the liberal-NDP coalition energy plan that
the liberals brag is “a good deal for ratepayers” and their NDP collation political
partners defend as “obtaining significant gains for the public”?
You as informed taxpayers, voters and possible voters must
decide!
That works out now costing the taxpayers $6.7 Million for every ONE new green energy job from the 900 to be
created by this downsized Samsung investment of $5 Billion
at a taxpayer energy buyback cost of $6 Billion.
With these 900 new green
energy jobs to be protected only unit 2016!
Let’s recap so that we all readily understand that this Ontario
liberal-NDP coalition political party government has decided now that 900 green energy jobs shall cost $6 Billion to taxpayers in energy buyback costs over the next twenty years for a downsized Samsung
investment of $5 Billion
as a green energy investment in Ontario with the possibility of perhaps 9,000 temporary green energy jobs!
Thus instead of the political possibility of 16,000 green energy jobs at a taxpayer
cost of $9.7 Billion (green
energy buybacks) the liberal-NDP coalition political party government has
decided that the original 900 green
energy jobs shall now cost $6 Billion (energy
buyback costs) over the next twenty years from Samsung for Samsung's $5 Billion downsized investment in Ontario for the political temporary green
jobs estimated to now possibly only 9,000 down from
the original 16,000?
In other words $6.7 Million
taxpayers’ fork out for every ONE
green energy job out of the total 900 jobs!
This
Further, this latest factual news item was NOT front-page news
for the Toronto Star but rather in the business section.
Unfortunately the Toronto Star and other media outlets, in my
opinion, shamelessly are continuing with their attempt to conjured up stories
related solely to an unverified phantom video based on rumours, hearsay and non
judicial opinions about Mayor Ford or his brother as a Cortina de Humo.
As their editorial board continues to front page what if
scenarios about Toronto ’s Mayor Rob Ford in
their endless attempts to divert attention away from the scandalous
mismanagement that continues to go unabated at Queens Park
At least the Mayor of Toronto and his administration have
attempted to hold the line on expenses at city hall and eliminate the $60 car
tax and have not squandered $
3 to $ 4 Billion dollars of taxpayer funds while increasing provincial
spending by another $3.7 Billion
through a $1.9 Billion
one year increase in Ontario taxpayers debt in addition to their $24 Billion increase in total taxpayer
debt that now has brought Ontario’s total debt (taxpayers) to $281 Billion!
Hopefully voters now realize the obvious that it is not the
Mayor of Toronto who needs to resign or take a leave of absence but rather the
leader of the Ontario Liberal party and her NDP political cohort for continuing
to waste BILLIONS of dollars annually collected from taxpayers for unsustainable
and unaffordable programs based on the ideologies of collective liberalized
socialism.
This attempted hoodwinking of voters through using Mayor Ford as
a Cortina
de Humo at the expense of all taxpayers, in my opinion, shall fail.
Former News Releases Ministry of Energy
New Ontario
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Thanks for your thoughts, comments and opinions, will be in touch. Peter Clarke