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Business Subsidies

Canada's $6.4 Billion Corporate Welfare Budget

Mark Milke | Posted 03.27.2013 | Canada Politics
Read More: Corporate Welfare, Harper Government, Crony Capitalism, Canada's Economic Action Plan, Fraser Institute, Federal Budget, Business Subsidies, Jim Flaherty, Canada Politics News
Mark Milke

If there was a theme in the recent federal budget, it was how chock full it was with new corporate welfare. The underlying refrain was how big governm...

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The Numbers, And The Swindle, Behind Edmonton's Downtown Arena Proposal

Mark Milke | Posted 11.28.2012 | Canada Alberta
Read More: Fraser Institute, Corporate Welfare, Daryl Katz, Nhl, Edmonton Oilers, Business Subsidies, Hockey, Alberta Politics, Edmonton Downtown Arena, Downtown Arena Edmonton, Edmonton Arena, Slideexpand, Canada Alberta News
Mark Milke

For those who might have missed what's happening in the city where Wayne Gretzky first made his mark in professional hockey, another round of taxpayer...

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The Media Covered Occupy, Not Corporate Welfare

Mark Milke | Posted 11.25.2012 | Canada
Read More: Fraser Institute, Corporate Welfare, Crony Capitalism, Occupy Wall Street, Business Subsidies, Occupy Movement, Canada News
Mark Milke

With the recent first anniversary of Occupy Wall Street, consider one beef from protesters that was legitimate: crony capitalism. But insofar as any protester was annoyed with politicians who like to subsidize specific businesses -- corporate welfare in other words -- why do the media so rarely report on it?

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How Industry Canada Blew $13.7 Billion In Corporate Welfare

Mark Milke | Posted 11.11.2012 | Canada Business
Read More: Fraser Institute, Corporate Welfare, Canadian Government, Industry Canada, Business Subsidies, Corporate Welfare Canada, Canada Corporate Welfare, Canada Business News
Mark Milke

Corporate welfare is a losing proposition. Peer-reviewed research on business subsidies does not support (political and recipient) claims that corporate welfare is responsible for economic growth or job creation, two of the most oft-heard claims. At best, a generous interpretation of the literature suggests that subsidies may, in very specific locations, produce some effect on local economic behaviour.

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