In another abysmal display of financial incompetence, Trudeau announced that he was giving a Brampton pasta manufacturer $1.7 million to create a whopping 10 jobs.
“Over $1.7 million to help Italpasta meet growing product demand and create 10 jobs,” reads the Government of Canada’s news release headline.
At $170k a job, they better be making a whole lot of pasta.
According to the news release, Italpasta is an Italian family-owned pasta maker that was founded 35 years ago and makes pasta exclusively using Canadian wheat. The new funds are intended to help the company upgrade its dated equipment.
“… the new manufacturing line and equipment will reduce production times, increase supply chain spending, and create 10 skilled jobs,” the news release reads.
The Trudeau government also believes that the investment will “support clean growth outcomes by reducing the company’s energy consumption and carbon footprint by 20 percent through its modernized storage silos and manufacturing processes.”
Of course, there’s nothing wrong with investing in Canadian businesses. The real question is why this investment had to be made at the expense of the taxpayer instead of coming from the private sector.
After all, it’s not the job of government to ensure whether a business succeeds or fails—though Deputy PM Chrystia Freeland would likely disagree given her recent commitment to outright Communism.
A pattern of failure and excessive spending
This latest investment comes just weeks after a significantly more egregious financial blunder in which Trudeau promised $5 billion to secure a Honda EV assembly plant with the promise of creating a paltry 1,000 Canadian jobs ($5 million per job),
“Yes, there are politicians who sit back and say, ‘No, no, no, no. We’ve got to balance the budget at all costs, even if it means not investing in Canadian workers and investing in the future. Well, I think they’re wrong,” Trudeau said of Conservatives at the press conference.
“And that’s part of the choice Canadians get to make over the coming year and a half when we get to a federal election. Are we a confident country that invests in ourselves, in our workers, in our future, or do we sit back and say, alright, we’ll let Canadians sort themselves out.”
It was later revealed that many of the jobs that Trudeau supposedly made this investment for wouldn’t even be going to Canadians—they’d be going to temporary workers—and that foreign workers would be building the plant.
Hopefully, in his latest multimillion-dollar blunder, Canadians actually get the whole 10 jobs he’s helped to create, but I wouldn’t hold my breath.