cover image: Money for nothing and your cheques for free : Industry Canada's 1982-2009 corporate welfare repayment records: $18 billion in expenditures, $1.9 billion in repayments

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Money for nothing and your cheques for free : Industry Canada's 1982-2009 corporate welfare repayment records: $18 billion in expenditures, $1.9 billion in repayments

29 Apr 2010

SERIES About the Author Mark Milke is the Director of Research for the Frontier Centre in Public Policy, a lecturer in political science at the University of Calgary and chairman of the editorial board for Canada’s online journal of ideas (C2C Journal). [...] The author of this study has worked independently and the opinions expressed are therefore their own, and do not necessarily reflect the opinions of the board of the Frontier Centre for Public Policy. [...] Economics in One Lesson, 1946 Access to Information request to Industry Canada, the results of the Access request show the following for the 1982–2009 period: Corporate welfare defined • Since 1982, 21,766 recipients have been The term “corporate welfare” was first authorized to receive assistance from popularized in Canada in the 1970s by Industry Canada with 49,928 “offers” then federal NDP lead [...] Lazare’s, of Trade, the then opposition leader Manitoba was authorized to receive pledged to cut taxes for business—but $53,000 (one offer); only in exchange for an end to welfare for business, • N&N Oilfield Services in Onion Lake, Saskatchewan was authorized to receive In a budgetary predicament where the $43,100 (one offer); federal government produced a $53.8 billion deficit in 2009/10 and for [...] SERIES • In 2006, in a paper for the federal excluded, and propriety and secrecy are government, the Aerospace Industries observed—which are the exact opposite Association of Canada asserted that of the disclosure of data and methods Governments “invest” in their aerospace necessary and required in science so that industries because of the benefits to be others can check one’s claims; produce reap
economic development government education politics economics economy subsidies subsidy science and technology canada corporations employment loan government budget alberta corporate welfare manufacturing and engineering aerospace ontario technology and engineering bombardier aerospace subsid industry and state

Authors

Milke, Mark

Pages
22
Published in
Canada

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