Use code TPM for up to 66% off at MyPillow.com

ADVERTISEMENT

Trudeau government awards private jet company $5M in subsidies

The federal government has recently announced a $5 million “repayable contribution” to the Ontario private jet company Flying Colours Corp.

ADVERTISEMENT
Image
Cosmin Dzsurdzsa Montreal QC
ADVERTISEMENT
ADVERTISEMENT

The federal government has recently announced a $5 million “repayable contribution” to the Ontario private jet company Flying Colours Corp.

The company which specializes in aircraft customization, repairs and conversions was awarded the sum as part of the “Federal Economic Development Agency for Southern Ontario” (FedDev Ontario) .

“With FedDev Ontario’s investment, Flying Colours Corp. will automate and  improve its production processes to meet growing demand in the  large-cabin and long-range aircraft market, as well as expand business  services to the executive helicopter industry,” claimed a press release.

The money is expected to be used for the creation of a 90,000 square foot hangar bay to expand the company’s operations.

The move comes at a time when the federal government has implemented a carbon tax throughout the province charging ordinary Canadians for their emissions. However, aircraft services by companies like Flying Colours Corp. are known to emit exponentially larger amounts of carbon, both during their production and operation.

The project will allegedly create 60 new jobs once implemented. Currently the hangar bay is under construction.

ADVERTISEMENT
ADVERTISEMENT

Join and support independent free thinkers!

We’re independent and can’t be cancelled. The establishment media is increasingly dedicated to divisive cancel culture, corporate wokeism, and political correctness, all while covering up corruption from the corridors of power. The need for fact-based journalism and thoughtful analysis has never been greater. When you support The Post Millennial, you support freedom of the press at a time when it's under direct attack. Join the ranks of independent, free thinkers by supporting us today for as little as $1.

Support The Post Millennial

Remind me in September

We will use this to send you a single email in September 2020. To find out what personal data we collect and how we use it, please visit our Privacy Policy

ADVERTISEMENT
ADVERTISEMENT
By signing up you agree to our Terms of Use and Privacy Policy
ADVERTISEMENT
© 2022 The Post Millennial, Privacy Policy