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Free money?
October 31, 2008 on 3:16 pm | By admin | In Business | 74 CommentsWhy the government give away free grants? What people don’t understand is that Canadian government grants isn’t actually free money. The Canadian government gives away billions and billions of dollars in grant money every year because it is actually an investment. how is it an investment to give away free money you ask? Well as a result of helping businesses frow by giving them ‘free money’ so to say, this enable the company to expand and grow, wether it be hiring new employees, producing more services or materials or attract more customers. By doing this, the company will then pump even more money into the economy in the long term through taxes, employment and sales. It’s a win – win type of situation for both sides.
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