Porsche grant shows Ottawa City Council is living on another planet

Finance committee voted to give a $2.9 million tax break to a new Porsche(!) dealership

Porsche grant shows Ottawa City Council is living on another planetOttawa Mayor Jim Watson is preparing to take Ottawa taxpayers for quite a ride. Ottawa city council’s finance committee voted to give a $2.9 million tax break to a new Porsche dealership. Ottawa’s municipal politicians are literally planning to hand over millions of taxpayer dollars to a luxury car dealership. And they think this is…

$2 billion(!) payment to dairy farmers all about politics

The Trudeau government is raiding our Covid-19 starved pockets to send $36 from each of us to rich dairy farmers

$2 billion(!) payment to dairy farmers all about politicsAgriculture and Agri-Food Minister Marie-Claude Bibeau chose a Saturday, hours before a long-awaited federal economic update, to offer more non-COVID-19-related compensation to Canada’s supply-managed farmers. Eighty-one per cent of dairy farmers are located in Quebec and Ontario. Compensation was expected but how it was done was a little strange. Few in the industry knew what…

Alberta government flip-flops on corporate welfare

It’s time for the UCP to drop its newfound interest in picking winners and losers

Alberta government flip-flops on corporate welfareIt’s a sad day for taxpayers when their government that has “committed to being responsible stewards of taxpayers’ hard-earned money” starts bragging about its corporate welfare spending. Premier Jason Kenney should immediately scrap the new business subsidy programs his government just announced and go back to focusing on cutting taxes for everyone rather than picking…

Corporate welfare no way to help the economy

Corporate welfare no way to help the economyBusinesses need help, but it’s important to provide the right help the right way. Premier Jason Kenney’s economic strategy has so far revolved around three core principles: lowering taxes, cutting red tape and pushing back against Ottawa. Kenney should double down on these principles to help Alberta recover and stay away from corporate welfare. “The…

Taxpayers are often the losers in the incentive game

When one government offers incentives and another one doesn't, then the comptetion to attract new businesses is no longer a level playing field

Taxpayers are often the losers in the incentive gameWhen Toronto-based Wattpad chose Halifax over Calgary as the site of its second headquarters last month, the question on many people’s minds was: Which of the two cited factors was the deciding one – concerns about Western separatism or cuts to Alberta’s tax credits for tech companies? The answer isn’t quite as simple as either/other.…

Throwing government money at all the wrong things

The Ontario government continually makes corporate welfare payments that fly in the face of social policy

Throwing government money at all the wrong thingsThe Ontario government’s public accounts should be a source of despair to any taxpayer. They provide the latest reminder that politicians are addicted to spending other people’s money and will spend it on just about anything. That a government program is without public demand or is unsupported by sound economic reasoning doesn’t deter governments from…

Corporate welfare doesn’t create jobs

Corporate welfare causes an economic loss, exacerbated by the fact that it encourages businesses to devote resources seeking government funds

Corporate welfare doesn’t create jobsCorporate welfare handouts are a policy staple of politicians of all stripes – and they’re all wasting public money. Liberals who mistakenly think government spending is the driver of economic growth love handing out free cash to claim they’re “creating jobs.” Conservatives say they’re against corporate welfare – but only sometimes, and only if it’s…

Loblaws subsidy underscores Canada’s flawed climate plan

Rather than relying on carbon pricing to make things happen, the government is picking winners and losers

Loblaws subsidy underscores Canada’s flawed climate planBy Elmira Aliakbari and Ashley Stedman The Fraser Institute The federal government announced recently that it will provide up to $12 million in subsidies to Canadian supermarket giant Loblaws Inc. for new energy-efficient refrigerators. Unfortunately, the subsidy proves again that the nation’s climate plan is severely flawed. According to the government’s news release, the subsidy…