The only logical step next is for Kathy Dunderdale and her cabinet to give Kruger a receipt for the whole shooting match.
After all, taxpayers basically bought the mill piece by piece.
In related news, an economics professor at Memorial University thinks these sorts of subsidies don’t work:
[Michael] Wernerheim has high praise for the province's forest management strategy and for wanting to lay out a new path for an industry in decline, such as supporting smaller operations, like saw mills, and putting a greater focus on forests as ecosystems.
But he found the government spends too much time, effort and money on continuing to support failing ways to protect jobs in the newsprint sector.
"These short-term initiatives to protect jobs can retard the restructuring of the industry that we all want to see happening," he said.
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