Ontario doles out vast majority of its corporate welfare to a small, favoured group of companies: AG
The vast majority of Ontario’s corporate welfare goes to a select group of companies who are quietly invited to apply, the auditor general has found.
Of the $1.45 billion in grants, economic development and “employment-support funding” the province has doled out since 2004, 80 per cent of it has gone to companies who were invited to apply and never publicly posted.
Auditor General Bonnie Lysyk calls it a “selective process” and notes the minister of economic development “could not provide the criteria it used to identify the businesses it invited to apply, or a list of whose applications were unsuccessful.”
Ontario is a Kleptocracy.