I'm still in a bit of shock at the closing of the Hamilton steel plants. Is this the future for Canadian subsidiaries of foreign companies? Perhaps Canadian ownership rules are sensible? I thought them a bad idea but, then again, I though less government regulation of the economy was better.
James Morton
4 comments:
Get a grip James, there are layoffs in the US too.
From Dec/08 US steel lays off 3,500
http://online.wsj.com/article/SB122826204920774031.html
When your customers aren't buying as much guess what happens?
Is this the future for Canadian subsidiaries of foreign companies?
This is only natural and has been done in the past when a company has problems -
In Global markets, like the ones espoused by Wall Street, bankers and various other parasites this is to be expected.
"parasites"=Liberals, lying cheating thieves.
Anon - & your point in relation to the content of this post is...?
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