Business Link Calgary

More fake job creation from governments

Similarly, in early August, federal Industry Minister Christian Paradis announced up to $142 million in new tax money for Toyota from federal and Ontario taxpayers. The accompanying news release gave job creation as a justification. But the job angle is not new and the taxpayer cash does little to actually help Canada’s employment picture. Perhaps no better example exists than the money granted and loaned to Pratt & Whitney Canada. Since 1967, that company has been the largest corporate welfare recipient. Its own website lists $1.5 billion from one Industry Canada program, the now defunct Technologies Partnerships Canada. The company notes its repayment record is $371 million, or about 25 per cent. A 2005 news release from the Quebec government announced $75-million to Pratt & Whitney for new engines. The province claimed the money would “help consolidate 280 R&D jobs and create some 300 production-related jobs in Quebec.” In April this year, Ontario trumpeted a $13.9 million taxpayer grant with this justification: it would help Pratt & Whitney “bring new products to market while creating 80 new jobs and supporting 49 existing jobs.” However, in response to an Access to Information request (via Industry Canada), one that requested the actual number of jobs created from all that post-1960s taxpayer funding, the company refused to release any estimates. In a recent follow-up request sent directly to Pratt & Whitney, no response was given to me, not on updated and more comprehensive numbers on government grants, loans and repayments, or on the jobs estimate.  Ontario’s announcement of taxpayer cash to Dana and Centra is supposed to create 50 and 100 jobs respectively. Similarly, in May 2009, when Industry Canada announced a $360,285 loan for Toronto-based Sputtek, the accompanying backgrounder said “Sputtek will conduct its R&D entirely in Canada, creating and/or maintaining 15 high-quality jobs in Toronto.

Calgary Deal of the Day, Local Daily Deals from Dealfind

Buy up to 5 vouchers for yourself and unlimited as gifts. Limit 5 vouchers for personal use. Package includes 3 twenty minute teeth whitening sessions to be redeemed in one visit. By appointment only, please call 403.452.9644 for bookings. Not valid for taxes. No cash back or credit. Not valid with other offers. Cannot be redeemed before Tuesday, August 30, 2011. $42 for 3 Twenty Minute In-Office Professional Teeth Whitening Sessions from World White Smiles ($298 Value)

Whether a pretty young thing could do with some wooing, or a suspicious movie theatre usher needs a touch of wool pulled down over his eyes, results hinge on dazzling them with the glossy white chompers that you’ll acquire with this great white offer from World White Smiles. In one quick and easy session, you will finally be blessed with that seemingly-photo-shopped fashion editorial grin that melts so many hearts, yet seems so effortless. World White Smiles offers fast, safe and affordable teeth whitening – performed by our certified professionals. Our one-hour treatment is administered by a certified professional using a cool LED light – meaning no gum irritation or pain. And because there are no trays, the topically-applied tooth whitener is safe for even sensitive teeth. —  World White Smiles

Dealfind offers a targeted community of customers looking to spend money with your business. And your business is our business. For each Dealfind deal we sell, a piece stays with us, and the rest goes to you. Basically, we only make money when you make money. And you can track your offer every step of the way.

We've been nominated for a Calgary Choice Award! Vote for us! Click the link and select 'Vote for a Business' a href="http://t.co/j6bC3MP"/a

I'm going to a Meetup with The Business Link: Calgary

Business

New coverage in this edition closely examines cutting-edge topics like the impact of the economic and political climate on business, green and socially ...

Small Business for Dummies

This practical, no-nonsense guide gives you expert advice on everything from generating ideas and locating financing to hiring the right people, balancing the ...

The successful business plan, secrets & strategies

Explains the purpose of a business plan, describes each step in creating an effective plan, and includes advice on obtaining financing.

Business English, a complete guide to developing an effective business writing style

Business English Here is clear, concise instruction on every form of business writing, from traditional business letters to e-mail and other electronic ...

Business Model Generation, A Handbook for Visionaries, Game Changers, and Challengers

Coauthored by 470 Business Model Canvas practitioners from forty-five countries, the book was financed and produced independently of the traditional publishing ...