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Corporate welfare costing taxpayers over $50 billion a year: report

Canada’s federal, provincial and municipal governments spent $52 billion on corporate welfare in 2022, says a Fraser Institute study.

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Study finds Canada spent more than $50bn on business subsidies in 2022

Study finds Canada spent more than $50bn on business subsidies in 2022
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Tegan hillFraser instituteBusiness subsidiesJake fuss

Fraser Institute News Release: Canada spent more than $50 billion on corporate welfare across provinces in 2022

Fraser Institute News Release: Canada spent more than $50 billion on corporate welfare across provinces in 2022
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British columbiaUnited kingdomDrue macphersonTegan hillFiscal studiesfraser instituteFraser instituteAlberta policyfraser instituteBusiness subsidiesJake fussFiscal studiesfraserAssociate directorAlberta policyfraser

Corporate welfare costing taxpayers over $50 billion a year: Report

Canada’s federal, provincial and municipal governments spent $52 billion on corporate welfare in 2022, says a Fraser Institute study.

United kingdomPrince edward islandNew yorkUnited statesTegan hillScott billeckStephen harperTed wymanWarren kinsellaRyan stelterLorrie goldsteinPaul friesenDavid lewisTyler toffoliFraser institutePostmedia network inc

France eyes cuts to business subsidies and healthcare spending

France's government aims to rein in spending on business subsidies and medical care as part of plans to come up with 12 billion euros in savings from 2025, government sources said on Thursday. President Emmanuel Macron's government needs to bring down France's public spending - the highest in the world relative to the size of the economy - to keep its deficit reduction commitments on track. Prime Minister Elisabeth Borne told ministers on Thursday they needed to identify an additional 12 billion euros in savings from 2025 as part of a regular spending review process, government sources said.

France generalChristina fincherLeigh thomasEmmanuel macronMinister elisabeth bornePublic spendingPresident emmanuel macronMedical careBusiness subsidiesSpending reviewHealth spendingElisabeth borne