Friday, March 31, 2017


Ford of Canada is bringing some mighty expensive jobs to Ontario, with more than $200 million in public money underwriting new truck engines in Windsor and research on “connected cars” in Ottawa, Windsor and Oakville.
Ford Motor Co. is 115 years old. It made $10 billion in profits last year, on revenue of $150 billion, making it larger and distinctly more profitable than the government of Ontario. It’s not a little company struggling to get big, or grappling with a once-in-a-lifetime freak event like the 2008 lockup of global credit markets. Engines for pickup trucks are a fairly well-established technology. They’re not a science-fiction dream that needs government support because they’re just too risky for the private sector to develop.

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