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

VANCOUVER, British Columbia, March 12, 2024 (GLOBE NEWSWIRE) Canadian governments spent $52 billion in 2022 subsidizing businesses across all provinces—including federal, provincial, and local spending—finds a new report published today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “These subsidies for businesses—also known as corporate welfare—come with huge costs to government budgets and taxpayers while doing little if anything to stimulate econom ....

British Columbia , United Kingdom , Drue Macpherson , Tegan Hill , Fraser Institute , Jake Fuss , Associate Director , Canadian Governments , Federal Subsidies , Overnment Budgets , Canadian Public Policy , British Columbia , Megan Hill ,