The Cost of Business Subsidies in Canada: Updated Edition
Business subsidies delivered through government spending since 1961 came with significant costs to Canadian taxpayers. In 2019, provincial business subsidies reached $27.0 billion ($2022). This represents the single largest year of provincial subsidies in Canadian history prior to COVID. Federal business subsidies increased significantly as a result of COVID-related programs, reaching $88.5 billion in 2020 and $47.0 billion in 2021...