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Thursday
Mar092017

Capital flees Ontario, to expand Greenhouses in the USA

The Ontario Greenhouse Growers should be celebrating their 50th anniversary.

Instead several of the largest  Greenhouse Growers are expanding south of the border. Mastronardi Produce, Red Sun Farms, and NatureFresh have all built state of the art facilities in the USA.

Now Mucci Farms is following them. High energy prices in Ontario are causing capitol flight estimated at $22 million over the last five years. It's Ontario Electricity, lack of infrastructure and and now cap & trade are making it impossible to make any money.

In the next three years Mucci Farms alone will invest $115 million in the USA. yep, that's what I call Wynning!

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