Canada's First Semiconductor Company(newsletter.chapeaucapital.com)
newsletter.chapeaucapital.com
Canada's First Semiconductor Company
http://newsletter.chapeaucapital.com/issues/matt-roberts-s-newsletter-issue-1-44595
http://newsletter.chapeaucapital.com/issues/matt-roberts-s-newsletter-issue-1-44595
And yet, seems they haven't learned a thing.
Just looking at the aerospace sector and the CSeries saga, Trudeau immediately bowed down to Trump when tariffs were imposed, despite later being thrown out in courts. All he did was to basically threaten to not buy Boeing fighter jets and instead get f35 from Lockheed (which he was contractually obligated to anyways). No support for the industry, nothing. And that was for a flagship prestige technological project.
All he had to do was to be a little bit more assertive and make a capital injection at the right time. Bombardier was swimming in orders, it was garanteed that the project was going to make money at this point (plane was certified by the FAA by then).
I still don't understand why he reacted so submissively to Trump. Having the CSeries sold to Airbus at a huge discount was foolish: The plane already had a profitable amount of orders. Canadians paid for the R&D, Europeans are now reaping the benefits.
> Particularly, retention of students graduating with technical skills was low (brain drain), foreign interests were hiring Canadian talent thus leveraging their technical discoveries (loss of IP), and there was a large dependence on foreign companies for tech products.
It's interesting to see they were worried about brain drain back then... yet recently Canadian politicians pitched Vancouver as an ideal HQ2 location to Amazon since tech workers are worth ~50K less than in America[0]. Did they not learn anything?
[0] https://www.vancouvereconomic.com/wp-content/uploads/2018/02...