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Corporate welfare breaks the $200-billion mark: An update on 13 years of business subsidies in Canada

Type: Research Studies
Date Published: November 27, 2009
Authors:
Research Topics:
Government Spending
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.
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