Monday, February 02, 2009

City pays for 20 years downpayment on ketchup

No municipal taxes for 20 years. Free water for 20 years. A $10,000 building purchased by the town. A free sewer line.

It’s difficult to judge what that would have meant to a town of 2,500 with no paved streets at a time when a loaf of bread cost pennies.

With a vote of 551 to 18, Leamington said an overwhelming yes to the H.J. Heinz Company.

In today's Windsor Star is an homage to Heinz Canada. The Pittsburgh PA company decided to settle in Canada one hundred years ago.

I find it fascinating that cities have been trying to lure businesses with tax exemptions and free immenities for so long. Perhaps my assumption that this was only a modern practice is ill founded. Have municipalities alway engaged in this practice?

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