14 January 2007

Second economist criticizes government money for Alcan

The article is in French, but you will get the point fairly quickly.

A package of incentives worth $337,000 per job, for a total value of $3.0 billion over 30 years (if my French holds up.

The deal to support Alcan's operations in Saguenay-Lac-Saint-Jean includes a guaranteed price on 225 megawatts of power, to be supplied by projects such as the one begun last week on the Rupert river.