Corporate welfare by Canada’s federal and provincial governments has more than tripled since 2015 and is strangling economic growth, according to a new study by the Fraser Institute.
It found corporate subsidies totalled $87.7 billion in 2024 alone, with $44.7 billion coming from the federal government and $43 billion from the provincial governments combined.
That more than tripled the 2015 level of $25.1 billion, adjusted for inflation and population growth.
Tripled since 2015 you say? Now what is it about that very special year? Ah well socialism for the rich etc.
