corporate subsidies

8:48AM
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Stellantis ‘deal’ underscores intrinsic problems with corporate welfare

Federal, provincial and local governments spent more than $352 billion subsidizing firms from 2007 to 2019.


12:30PM
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Governments in Canada spent more than $350 billion on corporate welfare

Government should help foster a pro-growth environment that gives all businesses the opportunity to thrive.


8:41AM
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Ottawa’s corporate welfare won’t spur economic growth

The federal government plans to spend an estimated $13 billion on subsidies for Volkswagen’s Ontario battery plant.


3:36PM
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Federal budget ramps up corporate welfare—funded by taxpayers

By 2027/28, the forecasted annual cost of federal debt interest will exceed $50 billion—or more than $1,200 per Canadian.


8:28AM
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Ontario government spent more than $70 billion on corporate welfare

Roughly half of all business income tax revenue collected by the province was sent back to select firms and industries.


9:27AM
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Ontario government doles out corporate welfare

The province plans to give $500 million in loans and grants to a steel manufacturer in Hamilton.


8:59AM
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Federal payout to steel plant exposes carbon tax flaw

The Trudeau government recently announced a federal grant of up $420 million to Algoma Steel.


10:38AM
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Boost EI but don’t create new wage subsidy program

The $3.8 billion program will provide up to $25,000 in subsidies per employer.