The National Post reports in its Friday edition that everything that's wrong with Ontario's approach to economic development was on full display Wednesday. Columnist Randall Denley writes that in just one public event, Premier Doug Ford demonstrated his belief that companies need a government handout to build in Ontario, endorsed the approach that favours old, failing industries over new ones and continued his vigorous cheerleading for Mark Carney, whether the Prime Minister's economic plans are good for Ontario or not. The occasion was the opening of a Toronto vaccine-manufacturing plant owned by the France's Sanofi. Joining Mr. Ford on stage was federal Industry Minister Mélanie Joly. After explaining why Ontario was such a good place to invest, Mr. Ford offered the Sanofi plant as proof. OK, but if Ontario is such a great investment opportunity, why did it take $415-million in federal money and $55-million from the province to get Sanofi to build it? That's more than half of the plant's $925-million cost. For all that expense, Ontario gets 300 jobs. That's a subsidy of nearly $1.6 million a job. Last year, Sanofi made a net income equivalent to $15.3-billion, but in Ontario, the company is a charity case.