$14 Million in Corporate Welfare from PEI Taxpayers
The secret loan deal revealed after the election amounts to corporate welfare for Irving Oil
Fourteen million dollars so an energy project based on swamp gas can be undertaken, oh and they also said not to worry about existing environmental protection rules. The ironic part is that Irving is an energy company, and will be getting money to develop biogas energy. What if Irving funded the biogas project without government money - that is my what if.

I guess they could have kept colliding with whales, so some credit is due. Stupid whales, why didn't they get out of the way!
"We've loaned money to Cavendish, to EastIsle Shipyard, to the box plant before, Master Packaging," said Binns.
If the Cavendish Farms biogas deal is so great why didn't it get announced until after the election? Because corporate handouts and biogas stink. Binns knows it or he would have been putting it out there like a new school announcement. What if corporations used their own money to fund biogas projects in PEI? That would make them leaders. Instead they negotiated in secret and brought the province in so the blame wouldn't fall on them alone if the project fails.
1 Comments:
Sorry Kenny I don't agree with you on this one, this is a loan with interest that will be paid back in 5 years. Irvings always pay their debts & where would we be without Cavendish Farms, lots of fair paying jobs if gone who would replace them.
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