You are correct, of course.  I could be wrong, but I think in most cases Lougheed-Martin, AM General and the rest are keeping most of their jobs within the United States.  And I don't believe anyone can state that Bombardier is truly innovative.

I am not against subsidizing Canadian companies through favourable tax policy or loan guarantees.  But I do think that these perks should be reserved for firms that demonstrate true innovation and a commitment to sustainable employment for Canadians.

I find it hard to accept that we subsidized both General Motors and Bombardier so heavily, yet refused to help Nortel.  Sure, they engaged in questionable financial practices -- but they were a world leader in innovation, and kept many jobs in Canada.  The death of Nortel was the harbinger of over a decade of stagnation in the tech sector.