[George Buckley, chief executive and chairman of 3M] Mr Buckley, who has run the diversified manufacturer since 2005, said: "There is a sense among companies that this is a difficult place to do business. It is about regulation, taxation, seemingly anti-business policies in Washington, attitudes towards science."
He added: "Politicians forget that business has choice. We're not indentured servants and we will do business where it's good and friendly. If it's hostile, incrementally, things will slip away. We've got a real choice between manufacturing in Canada and Mexico – which tend to be pro-business – or America."
The 3M chief also criticised US immigration policy, saying the difficulty of obtaining visas was forcing companies to move research and development overseas. "About 68 per cent of our science PhD candidates are from outside the US," he said. "Many want to stay here afterwards but we're not allowed as many visas as we would like."
"We are now exporting science overseas to China, India, Germany, building labs there. There's a good strategic reason for it, but we also have no choice – if we can't get the people here and we're competing with the people there, we have no choice but to do it locally."
That's some pretty straight freakin' talk there. That's some "Smarten up or we are OUT of here, beatch!" kinda talk.
CEO of Intel said the same thing a couple years ago. Their chip-fab was built in Arizona because there was literally no amount of money -in the world- that could get it built in California. Couldn't be done. And the reason was government.
Here at home, if the Liberal Party of Ontario and the federal Conservative Party of Canada had even an ounce of brains between them, they would be cutting regulations and taxes on manufacturing to all-time lows just to attract 3M and Intel and all these guys here to Canada. They should lay out the Red Carpet and scatter pink rose petals on it.
What are they doing instead? Windmills and tax increases, that's what. Union/NDP/Liberal astroturf violence at the G-20. Oh, and trying to strong arm the CPC into continuing the tax-and-spend toboggan ride. Anybody remember Iggy threatening to overturn the government over the "stimulus" he demanded? I remember.
Hey Dalton! Hey Iggy! Who is John Galt?!