From today's news...
http://www.ottawacitizen.com/news/Corporate welfare tops 200B over years report/2279403/story.html
Bailouts and subsidies to businesses by Canadian governments surpassed $200 billion between 1994 and 2007, adding up to $15,126 per taxpayer, according to a report Friday by the Fraser Institute.
"Unfortunately for Canadian taxpayers, our governments have a long history of spending public money on corporate welfare in attempts to pick winners and losers among various business sectors," said Mark Milke, author of the report."
and
"(The federal government) will take in around $32 billion on corporate taxes this year, and what they've effectively done is taken half the taxes paid by all other businesses in the country and send it to GM and Chrysler."
I do not see good value in any of this to myself or to most Canadians as individuals. I would have put that 15 grand to far better use.
http://www.ottawacitizen.com/news/Corporate welfare tops 200B over years report/2279403/story.html
Bailouts and subsidies to businesses by Canadian governments surpassed $200 billion between 1994 and 2007, adding up to $15,126 per taxpayer, according to a report Friday by the Fraser Institute.
"Unfortunately for Canadian taxpayers, our governments have a long history of spending public money on corporate welfare in attempts to pick winners and losers among various business sectors," said Mark Milke, author of the report."
and
"(The federal government) will take in around $32 billion on corporate taxes this year, and what they've effectively done is taken half the taxes paid by all other businesses in the country and send it to GM and Chrysler."
I do not see good value in any of this to myself or to most Canadians as individuals. I would have put that 15 grand to far better use.
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