If Canadian businesses want help to offset the negative effects of a high Canadian dollar, they should lobby Canada's governments to end corporate welfare in exchange for a dramatic reduction in corporate taxes. They would find the tax relief dramatic, given how much federal, provincial and municipal governments now spend on business subsidies.
corporate welfare
Octobre 6, 2003
2:00AM
The Vancouver Canucks are set to enjoy a few million bucks of taxpayer money so they are better able to contend for the Stanley Cup. In a deal with the BC Lottery Corporation, the Canucks will receive 15 percent of all betting on Sports Action lottery games and a portion of the take from new Canucks scratch and win tickets. The Stanley Cup in Vancouver sounds good - its the subsidies that sound bad.