B.C. NDP listens to wrong advice on job-creation strategies

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kropotkin1951 kropotkin1951's picture
B.C. NDP listens to wrong advice on job-creation strategies

Among the examples she cited was the giant battery factory for Tesla electric cars, now under construction in Nevada: a $5 billion investment, some 6,000 jobs and an envious combination of green cachet and celebrity endorsements.

But Nevada did not land Tesla without a fight.

Company owner Elon Musk had a half-dozen U.S. states bidding against each other to offer the best package of incentives. Nevada triumphed only after serving up what Fortune magazine characterized “one of the biggest gift baskets in history,” including a heady $1.25 billion (U.S.) in tax incentives.

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kropotkin1951 kropotkin1951's picture

The BC NDP is going to run on a liberal platform of tax breaks and deregulation if their keynote speaker is any indication.  Sooner or late the people of this province have to form a new viable left wing party that is not controlled by the cabal that has been in power since the 1990's.

They have not won a plurality of votes since the 1991 election and appear to be willing to go even further to the neo-liberal side to try once again to convince the voters they are the safe liberal party not the scary right wing BC Liberal party.

Jennifer Granholm wrote:

She also underscored a consideration identified in investor surveys: the importance of transparent and expedited regulatory processes. One of the deciding factors for Tesla was Nevada’s boast that “we can put up a building as fast or faster than any place in the U.S.” Within weeks of the deal being struck, workers were swarming over the gigafactory construction site near Reno.

On this side of the border, where investment incentives are regarded as “corporate welfare,” I have to think tax holidays and credits would be a tough sell.

“You are only forgoing revenues that you are not going to get anyway,” said Granholm, summarizing the outlook developed during her time as governor. Without the incentives, the company isn’t going to pay any taxes in your jurisdiction because it will go elsewhere. Whereas if it does decide to locate, employees will pay income and sales taxes, buy homes, raise families, patronize local businesses and put down roots in the community.

http://www.vancouversun.com/mobile/opinion/editorial/vaughn+palmer+liste...

 

 

Aristotleded24

[url=http://www.cbc.ca/news/canada/calgary/notley-coal-climate-change-1.33173..., on the other side of the mountains:[/url]

Quote:
Notley says her government will unveil an energy efficiency program soon, starting with an accelerated phase-out of coal-fired power plants.

She points out Alberta is one of the last places in North America to address energy conservation.

In her address, Notley also warns the energy sector will not be able to support thousands of well-paying direct and indirect jobs across the country if governments continue with discredited and failed policies of the past.

"Canada needs to become a world leader on climate change — a world leader instead of the world's political football, as we were at the hands of our principal market and partner last week," she said in a speech at the Broadbent Institute Progress Gala.

...

Notley said her government is also determined to challenge what she called other "orthodoxies" of the past by pushing for better policies for child care, parental leave and a higher minimum wage.

She said setting a longer-term goal for balancing Alberta's budget will allow her government to support key areas such as health and education without damaging basic public services.

Notley called the plan moderate, mainstream and constructive.

Why can the NDP not learn what works and does not work for its own party?

I think the party is still learning the wrong lessons from success in Manitoba. Which is funny, because they used to talk about being successful in Saskatchewan and later Nova Scotia, but we don't hear so much about that any more. Remind me how both provincial sections are doing?

I wonder how the next provincial election in Manitoba will affect the dynamics throughout the NDP in Canada.

Stockholm

When you form the first left of centre government EVER in Alberta - there is a ton of "low hanging fruit" from a policy perspective to snatch. Alberta had all sorts of crazy policies left over from 100 years of Social Credit/Conservative government that were on the immediate chopping block. Most of what Rachel Notley has done so far consists of bringing to Alberta what all the other provinces already have (often from decisions made by non-NDP government) - such as joining the rest of Canada in having a progressive income tax, joining the rest of Canada in having 12% corporate tax rate, joing the rest of canada in having a higher minimum wage, joining the rest of Canada in having an energy conservation program, joing the rest of canada in acknowledging that climate change exists...

Its a bit of a different story in Manitoba where the NDP has already been in government for 32 out of the last 47 years and where all of the above has already been implemented...similarly the NDP in Saskatchewan after having been in power for most of the last 80-odd years started to run out of gas in terms of where to go next.

In a province like Ontario - its also a challenge because for all their faults - 43 years of "red Tory government" and the last 12 years of mildly progressive Liberal government have left the province pretty "up to date" in terms of taxation policy and social programs etc...If the Ontario NDP came to power immediately after Mike Harris - it would be easy to stage a "bon fire" of unpopular Harris PC policies (kinda like what Trudeau is doing federally right now). Its more challenging to come up with an easy, popular progressive policy agenda after 12 years of the Liberals already doing a lot of "tax and spend" and doing full day kindergarten and more money for transit etc...

Not saying its impossible - just that in a certain way Rachel Notley has an easy task because there is so much that obviously needs to be done in Alberta - just to bring the province up to the level it would be at if it had ever even had a centrist Liberal government, never mind an NDP one.

Aristotleded24

Stockholm wrote:
joing the rest of canada in having a higher minimum wage

She's not joining the rest of Canada on that front, she is prepared to outright lead the country in the minimum wage fight.