The Volkswagen handout prompted automaker Stellantis to halt construction of an electric vehicle battery factory.
Federal, provincial and local governments spent more than $352 billion subsidizing firms from 2007 to 2019.
Government should help foster a pro-growth environment that gives all businesses the opportunity to thrive.
The federal government plans to spend an estimated $13 billion on subsidies for Volkswagen’s Ontario battery plant.
By 2027/28, the forecasted annual cost of federal debt interest will exceed $50 billion—or more than $1,200 per Canadian.
The government heavily tilted the field against private operators who serve the majority of the market.
The auditor general found that $4.6 billion in payments for programs such as CERB were made to individuals who were ineligible.
The province plans to spend more than $200 million on employment and skills training.
The province plans to give $500 million in loans and grants to a steel manufacturer in Hamilton.
The Ford government plans to invest $100 million of taxpayer money in technology companies.