Conservatives call on Elon Musk to step in after Liberals provide loan to Ottawa-based satellite operator

Source: SuburbanValues

34 Comments

  1. Only this Government would think giving a company 2 billion to set up a service that already exists would be a good idea.

    Funny enough this money will go to Elon anyways since they’ll probably be the one launching the satalights.

  2. BornAgainCyclist on

    >”Less than half that amount,” Musk responded, prompting Barrett to conclude: “That sounds like a common-sense solution for Canada to me.”

    Ironic wording considering anyone with common sense would be double and triple checking any claim Musk makes. Also, common sense, based on past history, would say that Musk shouldn’t be involved.

    The guy has shown to have the patience, and maturity, or a petulant toddler. I wouldn’t want him anywhere near large scale infrastructure, or anything that can have a large scale impact on Canadians.

    We already have companies like this, and Valley Fiber opening up entire regions of Canada, we don’t need Musk involved.

    >Deputy Conservative leader Melissa Lantsman said in the House this week that Carney’s “close friend, the CEO of Telesat, got more than two billion of Canadians’ tax dollars to build a broadband network

    Once again, people have to misrepresent the truth to make a point. It’s a loan not a grant.

    It’s also unfortunate that Lantsman and others in her party think we should send our money to Musk, who demands subsidies not loans and proven himself unreliable, and not a Canadian company that would see the money stay in Canada.

    Doesn’t sound very common sense.

  3. It is a loan not a grant, so we will get paid back 

    We are supporting a Canadian based company instead of a foreign national 

    We are getting a high interest rate (9-10% quoted) 

    We are getting actual equity in the company (12%)

    I don’t trust anything Musk related, he interferes too much with stuff

    All in all this seems like a poor target for criticism IMO.  Conservatives seem to be chasing at the whole “do it cheaper now, but will cost you more later” angle with Musk here

  4. ButWhatAboutisms on

    Conservatives are so patriotic. Gleefully outsourcing a Canadian job for Canadians to an African who decided to move to America. All to own the libs

  5. LibertarianPlumbing on

    Amazing how people are still okay with the liberal government spending when they literally have done nothing with the absurd spending. Also incredible how Justin isn’t in jail considering all the bribes he’s proven to have gotten like that we charity scandal. Imagine Pierre got 500k then dished out 500m to his cronies and how pissed liberals would be. The hypocrisy is palpable.

  6. Lol Conservatives always show you who they are. Imagine wanting to get in bed with musk…. Flippin yikes.

  7. taquitosmixtape on

    Canadian company over Musk? This seems like a no brainer. But I wouldn’t be surprised to know the cons want their buddy musk in on it.

  8. Traditional satalite services suck. Unless telesat is doing spacex style swarms itl just be another slow useless explorenet.

    I don’t think people will care about it being Canadian if it sucks.

  9. I think it’s super important to think about how the government spends money, our country’s independence, and the role of foreign companies in our infrastructure. We gotta support Canadian businesses and jobs, and the Telesat project could create a ton of jobs and boost our economy. Plus, it would keep control of important telecommunications stuff in canadian hands, which is good for national security.

    But, I’m a bit worried about getting involved with things that don’t make Canadian companies competitive. We’ve seen that happen in other industries before.

  10. My fellow Canadians, please remove your emotions out of this. They do not belong in a ‘better deal’ for Canada. Why not spend 1/2 the amount for something that works vs. ‘could work in the future’?

    Despite what a number of you have said, Elon is Canadian.

    Why pay 3.5B (2 loans/grants) when you can get the same for just over $1B… And that’s just more satellites servicing Canadians.

    We could have our DND use a similar military system the US military is testing w/SpaceX right now.

  11. Musk is a wretched human being and the Tesla papers show that his business was also built on fraud. I’m fine with not inviting him into the country.

  12. The CPC does have all the cunning stunts.

    Political theatre. Starlink would charge “less than half that” (meaning they wouldn’t be paying any of it back), and of course would then start lobbying to move the goalposts immediately.

  13. Amazon Kuiper is coming. Despite this, both firms will be US regulated, and that has national security implications. A loan to a Canadian firm is fine, but they probably won’t be competitive.

  14. The Canadian Conservatives are gonna go down to blow this fascist billionaire ? How surprising of the shitheads !

  15. This is actually a praise worth investment by the LPC, and trusting the word of Musk on a twitter claim is laughable.

  16. _getoffmygrass_ on

    I’m going on 4 years with starlink this December. Where was Telestat then? Now they are planning on copying an existing and established provider? A little late to the party, by the time they finally offer a unit to complete with V1, Starlink will be fully functional direct to phones (it’s already happening) and the arctic gap will be filled with the new satellites being launched now.

  17. Ghostofcoolidge on

    The Elon musk derangement syndrome will never cease to amaze me. However competition is good and I don’t blame Canada prioritizing a company from Canada. I wish more countries would do this.

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