In late 2007, when the Fraser Institute published
the first study on corporate welfare, the tally between April 1,
1994 and March 31, 2004 amounted to $144 billion. Two years
later, we have statistics up to March 31, 2007; the total now
stands at $202.7 billion. Canadian governments distributed
subsidies worth $202.7 billion to businesses (from federal,
provincial, and municipal treasuries - i.e. tax payers) between
April 1, 1994 and March 31, 2007.