Clark Has COFI Delegates On Their Feet
Premier Christy Clark spoke at COFI convention – photo 250News
Prince George, B.C. – Premier Christy Clark was given a warm welcome by the delegates at the COFI convention in Prince George. There to deliver the keynote luncheon address, Clark received not one, not two, but three standing ovations from the luncheon crowd.
Her address was focused on forestry, but make no mistake, it was very much, an election speech which she started with “setting the record straight” about comments the leader of the Opposition, Adrian Dix, had made the day before to the same gathering.
Clark told the gathering that when it comes to the budget, basically, don’t take her word for it, “I’m a politician talking” said Clark. Instead, she suggested delegates take the comments and actions of bond rating agencies which have given the province a triple “A” credit rating and heaped praise on the province for being fiscally responsible.
She remarked that while Adrian Dix had told the convention “they had a right to make reasonable profits”, she countered by saying it is not the government’s role to say how much profit a company should make and that she hoped the companies would make lots of money because that’s what drives the economy.
There were two announcements in her address, first and foremost, an agreement with COFI to help address the skilled labour shortage. A labour market case study produced last year, predicted that over the next 5 years, employers in the solid wood sector can expect to hire close to 1300 new workers each year to meet the employment demand. While the Province has invested dollars into skills training, too often, there is a shortage of companies willing to offer apprenticeships.
The agreement has government and industry working together to finalize a new provincewide labour market partnership for the solid wood sector by June of this year. That work will include developing a terms of reference on how best to implement the key recommendations from the recent Solid Wood HR committee project.
Comments
All that money? Is some of it mine?
Hello Casey. Where’s Finnigan ?
Hey relax……it’s not real money!!!!! It’s just tax dollars!
$8.4 MILLION in corporate welfare! Must be nice to be that rich!!!
“….she countered by saying it is not the governmentâs role to say how much profit a company should make and that she hoped the companies would make lots of money because thatâs what drives the economy.”
Precisely. Salaries, wages, benefits, pensions and taxes derive from that. That is the difference between the one and the other.
$8.4 million in total to create jobs. We spend more than that every day on welfare. I have a way bigger issue with that.
How do you get that Prince George? Salaries, wages, benefits and pensions don’t come from profits… they come from operating income and cash flow. Profits are what is left over for the investors and taxman.
If she is hoping for profits, then would that be it at the expense of employee salaries, wages, benefits and pensions, as well as the environment and taxation… the way she worded it one can leave that option open for consideration.
Is she saying corporate profiteering drives the economy? Speaking to the faithful?
I think its the ecosystemic diversity of a market that drives the economy… if the economic policy leans to far in any one direction then it hurts the economy as a whole… but being precise isn’t a politicians strong point when the truth is not the objective.
Also the credit rating agencies should no longer be relied upon for objective truth. They are thoroughly politicized and proven corrupt enablers of bad public policy.
“How do you get that PrinceGeorge?”
Easy. Profitable businesses stay in business, losing businesses soon go out of business. Why stay in business if you never show a profit? You say that “Profits are what is left over for the investors and taxman.” So, if there are no profits neither the investors nor the taxman will get paid. Doesn’t add up, you see?
Exactly PrinceGeorge.
Business is the engine that pulls the economic train in any democracy !!
Weak business = weak economy = weak job market = weak taxes = weak Government ability to provide the social services we all enjoy and depend on.
Definitely nor rocket science !!
Sure, but profits come after the operating expenses are paid. So one way of increasing profits is to stick it to other stakeholders like pensions and wages of workers.
I don’t see Christy Clark speaking up for anything other than the shareholders and their profits and that is my point.
A responsible business can have good profits and take care of its other stakeholders in the enterprise. This is not the business model that the BC liberals support.
If all we have is super profitable foreign owned resource companies in the race to the lowest common denominator and don’t look after the ecosystemic nature of an economy, then all we will have is a big divide between the 1% and the rest of the economy and that is never sustainable in raising the living standards as a whole for society. A good healthy middle class is what brings in tax revenue and builds a sustainable economy.
For all the profit cheer leading that one assumes leads to tax revenue we can’t get around the fact that under the BC liberals BC citizens pay more in MSP premiums than corporations pay in taxes… BC citizens pay more in tuition costs every year than corporations pay in taxes… so that argument that if only the resource companies could make more profits they would pay more taxes rings hollow unless we have a government that recognizes its responsibility to all stakeholders in the economy.
How profitable have Conifex and Domtar been lately? It is CONSUMER DEMAND that drives the economy. Profits, like employment, derive from that. We produce to consume. Not just so someone can make a profit, (which would be utterly useless as ‘money’ if there weren’t something to BUY with the portion of it that’s distributed), or so somebody can have a job.
is there a Bollywood section here? just thought id like to see some entertainment pictures and get my share of the 10 million I contributed to….
I smoked a blunt with Richard the troll(rip) of the rhinoceros party many years back… now there was a politician! he sold me all his xrated mags at a swap meet too!
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