FREDERICTON – New Brunswick New Democratic Party leader Dominic Cardy responded to the news that Minacs will be closing its call centre in Bathurst in November as evidence, once again, of the failure of corporate welfare.

“This story is sadly all too common in our province,” Cardy said. “Individuals and families losing their livelihoods is something that happens far too much in New Brunswick, especially under Premier Gallant. Also too common is the fact that these lost jobs were paid for with taxpayers’ money.”

Minacs received a total of $1.5 million in payroll rebates and capital expenditures from the provincial government in November 2011. After only four years, Minacs will be laying off its 70 employees in Bathurst, despite the fact that the corporate welfare giveaways were intended to create 200 jobs.

“Not only do we see tax dollars squandered on jobs that only last four years, but also only one-third of the number of jobs promised were actually realized,” Cardy said.

With Minacs, the amount of squandered corporate welfare money on call centres which have closed is now at $11 million in the last decade. “The Gallant government says it wants to find savings? Start with the $300 million we give away each year to corporate welfare,” Cardy said.

Cardy restated the NDP’s vision for job creation in New Brunswick. “Let’s get government out of the business of picking winners and losers and stop wasted hard-earned tax dollars on corporate handouts. Let’s instead reward all businesses that actually create jobs with a New Jobs Tax Credit, help entrepreneurs by eliminating taxes on small businesses, and improve education and skills training to attract investors. We need to start trusting the ingenuity and talent of our own people to create jobs, rather than buying temporary employment at a cost of hundreds of millions a year.”