Tag #Corporate Welfare

How has Canada's history of responding to economic crises with business subsidies shaped its current economic challenges, and what specific examples illustrate this pattern?

The book connects Canada's history of corporate welfare to its current economic challenges. While government spending on business subsidies has increased dramatically—from \$14 billion in 2015 to over \$40 billion in 2024—Canada's productivity and national wealth remain relatively low compared to other developed nations. This suggests a failure of past economic policies.