Provincial NDP leader Dominic Cardy says instead of the province trying to pick winners and losers with handouts to attract companies here to create jobs, why not establish a simple jobs tax credit that would be available to any and all companies that generate employment.
Cardy tells CHSJ News companies that might want to set up shop in the province but don’t have the right connections are at a disadvantage.
He goes on to say there was an American company that was interested in Saint John with more than a hundred jobs but found the regulations to be inexplicable and set up shop in Finland instead where it got a jobs tax credit.
He argues the layoffs at Radian 6 after the announcement of a big payroll rebate from the province to create jobs is an example of why handouts are bad practice and from what he has heard from different companies……Even counterproductive.
