Eighty-six per cent of middle-income families now pay more in taxes than they did in 2015.
corporate welfare
Federal policies are largely to blame for the massive decline in investment in the extraction sector.
The federal government's support for EV initiatives will cost taxpayers at least $31.4 billion.
There’s little evidence that corporate welfare generates widespread economic growth or jobs.
Other automakers will likely ask for similar handouts from Ontario and the federal government.
Quebec spent roughly the same amount of money on corporate welfare as it collected in business income tax revenue.
The seven organizations combined will spend more than $2 billion in 2023-24 while employing nearly 2,000 civil servants.
In 2019, the Alberta government spent $2 billion on corporate welfare.
The province spent $171 million on business subsidies in 2019.
Governments do not possess superior knowledge of what people want to buy or sell.