Samsung deal all fizzle, no sizzle

By Hank Daniszewski, The London Free Press
Touted on the campaign trail last fall, there are few jobs to show from Ontario’s $7-billion deal with Samsung — and none in London. In the provincial election, Premier Dalton McGuinty campaigned on his Liberal government’s deal with the Korean industrial giant to buy 2,500 megawatts of “green” power from the company at premium prices, in return for $7 billion in investment and the creation of 16,000 direct and indirect jobs.

The deal included setting up plants in London, Windsor, Tillsonburg and Toronto to make solar and wind energy components. Samsung’s Aug. 31 deadline to build the London plant has come and gone, but even the site hasn’t been announced. “The (approval) process has taken much longer than both the province and the company has anticipated,” said Peter White, head of the London Economic Development Corp., who adds there’s no timeline for construction of the plant. The other three plants are running, but Samsung officials couldn’t be reached Thursday for information about employment levels.

But Tory MPP Monte McNaughton said only about 35 people are working in the Tillsonburg plant, built in partnership with Siemens, a fraction of the 300 jobs promised. He said the Windsor plant, which was to employ 300, only has about 200 workers. “Samsung is not holding up their end of the bargain — McGuinty and (Energy Minster) Chris Bentley are ignoring this and taxpayers have been take to the cleaners,” said the Lambton-Kent-Middlesex MPP. Read article

13 thoughts on “Samsung deal all fizzle, no sizzle

  1. Time to start dealing with the NO. 1 LIE here. IWTs do NOT cut down on CO2 as long as they are connected to the grid where fossile fuel backup is required. If IWTs are not connected to the grid then the claim that they reduce CO2 can be made. Otherwise stop lying to the public.

  2. Some really great news!
    Minister Bentley –
    expects to receive a report – on jobs – from Samsung –
    sorry, created by Samsung
    ………..sorry again, created by the Samsung ‘deal’
    ……………by Christmas!

    ‘[excerpt] Bentley, the London West MPP, said Ontario’s contracts with Samsung all have job expectations that kick in at year’s end.

    “We expected the London plant to be up and running and, quite obviously, it isn’t. I have been pushing them quite hard on this.”

    Bentley said full employment at the other plants may be held up because they were designed to supply specific energy projects still in the approval process.

    “As soon as they get to the end of the approvals process, there will be a huge amount of production at the plant and you will see the job numbers spike.”

    Bentley said he expects to receive a report on the number of jobs created by the Samsung deal by the end of year.’

    Can you imagine – The Samsung ‘Secret Deal’
    = know nothing – right now!

  3. YES, I can tell that the green energy sector is really adding jobs for Ontarians. Please note the sarcasm . But don’t take my remarks as fact…. Employment figures for August posted today. I put in the **** below to highlight Ontario’s stats. Isn’t McGuinty great?! Ugh.

    Hamilton’s unemployment rate drops in August
    CBC News Posted: Sep 7, 2012 12:12 PM ET Last Updated: Sep 7, 2012 12:10 PM ET

    Canada: 34K new jobs2:54
    Hamilton’s unemployment rate improved slightly in August.

    Statistics Canada released their new numbers Friday morning. Hamilton is now showing a 7.3 per cent unemployment rate. That’s the same as the national average for the month.

    LABOURUnemployment rates in Canada
    July’s unemployment rate in Hamilton was 7.5 per cent.

    Canada’s economy added 34,000 new jobs in August after a decline the previous month, official data showed today. Economists had been expecting a slight uptick of 11,000 jobs, so the showing came in higher than anticipated. Much of the gains came in the form of new part-time jobs, Statistics Canada said Friday.

    ******Most provinces posted jobs gains, but employment in Ontario fell by 25,000. That left the province with roughly the same level of jobs it had this time last year.*****

    Here’s a list of the Canadian cities with the highest unemployment rates in August according to Statistics Canada.

    Windsor, Ont. 9.2
    Saint John, N.B. 9.0
    Barrie, Ont. 8.8
    Brantford, Ont. 8.6
    London, Ont. 8.6
    Sherbrooke, Que. 8.5
    Toronto 8.5
    St. Catharines-Niagara, Ont. 8.5
    Oshawa, Ont. 8.49
    Montreal 8.4

    • Part time jobs at minimum wages or maybe up to $12/hr for general labour. Then there are the college & university grads who can’t find employment in their fields and take lower wage jobs or part time work.

Leave a Reply

Your email address will not be published. Required fields are marked *