Corporate Welfare and Backdoor DealsPublished on February 14, 2018
I am 100% against corporate welfare.
You know, these subsidies and loans granted by the government to companies...
I think it's a waste of money.
We should cut taxes for all businesses, instead of aiding some at the expense of others.
That being said, as long as these subsidies exist, we should, at the very least, make sure that they’re managed transparently.
That is not the case today.
Government loan repayment agreements are secret.
And I know why they are. It’s because there are so many exceptions to these agreements that companies often never repay.
When I was Industry Minister, we made those agreements public as well as the balance that remained to be paid for each loan and each company.
But today, this is no longer the case.
While Justin Trudeau boasts of being the champion of transparency, his government is giving loans that are in fact grants.
He is taking people for fools; he is laughing at those who work hard to make ends meet.
And what he’s doing is the opposite of transparency.
Rich companies spend thousands of dollars lobbying the government to keep this information secret.
I introduced Bill C-396 to make this information available to the public.
If the bill is adopted, we will finally uncover this scheme!
I need your help to promote this bill and get a majority to vote for it in Parliament.
If you are for transparency and against corporate welfare, contribute $3.96 or more today to this cause.