The federal government's support for EV initiatives will cost taxpayers at least $31.4 billion.
corporate subsidies
May 6, 2024
9:22AM
Several automakers including Toyota and Ford have scaled back their EV production plans.
May 2, 2024
1:18PM
There’s little evidence that corporate welfare generates widespread economic growth or jobs.
April 28, 2024
4:30AM
Compared to last year’s fiscal plan, the government will now overspend by $120.8 billion over five years.
April 26, 2024
9:04AM
Other automakers will likely ask for similar handouts from Ontario and the federal government.
March 13, 2024
3:00AM
Quebec spent roughly the same amount of money on corporate welfare as it collected in business income tax revenue.
September 21, 2023
5:30AM
In 2019, the Alberta government spent $2 billion on corporate welfare.
July 26, 2023
12:40PM
Governments do not possess superior knowledge of what people want to buy or sell.
July 11, 2023
9:35AM
In this year’s federal budget, the government earmarked $80 billion in corporate handouts to select industries.