Large firms offered millions in loans to stay afloat: PM

[bucket]

And farmers are still left out after years of phucked up trade ....nothing....

[Misterjade9]

Now,now Bucket have you forgotten the 5B into FCC and increase in CCGA?

[bucket]

Now,now Bucket have you forgotten the 5B into FCC and increase in CCGA?

Yes I know but FCC isn't trying to keep guys afloat.....and more than likely these business loans are going to be written off...

Highlights how precarious our economy is....and the fact shareholders aren't willing to take a haircut....

[Misterjade9]

So, I know it goes against what all farmers stand for but maybe it is time we just tell the Feds no we're not paying back these loans, write them off just like they did for Chrysler, how many billions was that? Maybe it is time not to be so upright and virtuous. Let's just pull a Bombardier. I know we won't but just saying.

[Oliver88]

Will corrupt corporations such as SNC-Lavalin and Bombardier qualify? 👀

[farmaholic]

There's "$tipulations" you know!

[15444]

Will corrupt corporations such as SNC-Lavalin and Bombardier qualify? 👀

Of course. And Dumbo got all threatening that they would be held to account if they scam the system.

Ya right. They are gonna cash the cheque and grab a flight to Caymen Islands. Let the worker pension funds pay for the government handout clawback.

The very fact that huge companies need government cash to survive says they are already ****ed. Once the plane lands in a non-extradition country, the bankruptcy will be filed.

[bucket]

I always thought that shareholders were there to help finance the company....nope ....those capitalistic shareholders want the government to ensure their money is safe....

So is the Trudeau government smart enough to take a shareholder percentage for the capital infusion?

Maybe the libtards should take some note from Buffet....like when he helps out a company he ends up owning it...

in my humble opinion....capitalism has become socialism in this country....

Soon it will be vodka and throwing stones all day long...

Meanwhile back at the farm we are still working to help the economy with very little government help....just imagine what a 40 dollar an acre payment like the irrigation capitalists..err sorry socialist...would do for the average dryland farmer this year ....for the economy and the world that buys our product??????

[farmaholic]

I thought Moroneau called them "bridge loans", not a "grant"

http://http://globalnews.ca/video/rd/5265e4d6-9394-11ea-a9c4-0242ac110003/?jwsource=cl http://http://globalnews.ca/video/rd/5265e4d6-9394-11ea-a9c4-0242ac110003/?jwsource=cl

[bucket]

I thought Moroneau called them "bridge loans", not a "grant"

http://http://globalnews.ca/video/rd/5265e4d6-9394-11ea-a9c4-0242ac110003/?jwsource=cl http://http://globalnews.ca/video/rd/5265e4d6-9394-11ea-a9c4-0242ac110003/?jwsource=cl

It will turn into grant during the next election.

[farmaholic]

http://globalnews.ca/video/rd/5265e4d6-9394-11ea-a9c4-0242ac110003/?jwsource=cl

[Misterjade9]

I agree with bucket, I can see this bridge financing turning into forgivable loans. Can someone find the amount of the 2008 stimulus to Chrysler that this government wrote off after it was elected, it was in the billions.

[sumdumguy]

Chrysler and the banks.

[Misterjade9]

What would the cost to the feds be if they just wrote off everyone's CCGA advance, would it be in the billions?

[GOODRUM]

Raising some great points, I wish someone would respond with some answers,