Until recently I never even considered that a place like New Brunswick could attract a computer chip fabrication facility. If you look at the history of where these plants are located and the massive government incentives, this was just one in a series of industries (auto manufacturing, etc.) that have been completely off the radar. Even if the feds were willing to put billions on the table, they would site any such plant in the Windsor to Toronto corridor (or maybe Quebec if the provincial government put up similar $$.
NB Power is over $5B in debt. In other words, it's carrying debt to subsidize artificially low power rates.
Thinking 'outside the box' to lure what seems like today's oil of the future is great. But let's keep the conversation grounded in reality to make it happen.
The answer is NO. I have been in several chip foundries and they are massive investments requiring highly skilled engineers and other specialists. Let's stick to what we know an learn to do it better.
Am I missing something here?
NB Power is over $5B in debt. In other words, it's carrying debt to subsidize artificially low power rates.
Thinking 'outside the box' to lure what seems like today's oil of the future is great. But let's keep the conversation grounded in reality to make it happen.
The answer is NO. I have been in several chip foundries and they are massive investments requiring highly skilled engineers and other specialists. Let's stick to what we know an learn to do it better.