Source-linked briefing Business

Study: Corporate Subsidy Outlays in Canada Soared 142% Since 2019

Study: Corporate Subsidy Outlays in Canada Soared 142% Since 2019

A Fraser Institute study reports that combined federal and provincial spending on corporate subsidies has risen 142% between 2019 and 2024, after a steady ramp-up that began around 2015. The think tank characterizes much of the spending as wasteful and suggests shifting support toward broad-based business tax relief.

Original headline

'Wasteful' government spending on 'corporate welfare' could be replaced by business tax relief, says study