The gist of the story is that the seller – the Government of Canada – will pay $75 million to SNC-Lavalin for some new initiatives, and the buyer will write a cheque for only $15 million to buy AECL. That’s a great deal, eh.
It does not end there. The seller – the Government of Canada – and hence the taxpayers of Canada will also undertake all the current liabilities which can amount to anywhere from $3 billion to $4 billion. Moreover, Ontario may lose close to 800 AECL jobs, and more jobs will be lost overall.
Cheers to the chief salesman Mr. Harper, what will he sell next? Maybe Parliament buildings? And for what price? He will give you $100 million and then you can pay $20 million to buy the building. All the maintenance costs will be borne by the seller, which is the Harper government through the taxpayers of Canada. Where else in the world can you ask for a deal like that?
Click here to read the story. Recommend this post
chief salesman Mr. Harper
ReplyDeleteYa gotta know there's a handsome commission waiting for him to collect.
I didn’t know that.
ReplyDeleteAdded bonus! Win, win situation for Harper.