- Fight wasteful spending and push the government to stop borrowing money
- Push the government to shrink the size and cost of its bloated bureaucracy
- Oppose the media subsidies and defund the CBC
- Scrap ALL carbon taxes and fight the ban on the sale of new gas and diesel vehicles
- Taxfighters want recall and referendum legislation to hold politicians and governments accountable
If Quebec politicians think something is a waste of money, you know it’s got to be bad.
The Quebec government is pulling the plug on corporate welfare it announced for Northvolt’s electric battery plant.
The federal government also announced about $4 billion in corporate welfare for Northvolt, but hasn’t said whether it plans to keep spending that money.
Plus, there’s a new report showing how much you’re paying for federal bureaucrats and you’re not going to believe how much they’re making.
You’ll have to read to the end of the Taxpayer Waste Watch to find out. Enjoy.
Franco.
Ottawa must pull the plug on EV corporate welfare
Quebec figured out fast that handing hundreds of millions in corporate welfare to an electric vehicle battery plant outside of Montreal was a flop — now they want their money back.
Ottawa should take the hint!
The Canadian Taxpayers Federation is turning up the heat, demanding Ottawa pull the plug on Northvolt’s mega handout before you’re taken to the cleaners.
Here’s what’s going on:
Two years ago, the Quebec and federal governments announced they would give buckets of cash to a multinational corporation, Northvolt, to build a battery plant in Quebec.
All told, the Quebec government announced up to $3.5 billion in subsidies, while the federal government announced up to $4.8 billion in subsidies.
Then Northvolt’s Swedish parent company filed for bankruptcy.
After dumping $510 million into the troubled venture, the Quebec government announced it’s cutting its losses, pulling the remainder of its funding and trying to recoup some of the taxpayer cash it spent.
So far, Ottawa has been silent on whether it will follow Quebec’s lead or waste more of your money on this corporate welfare.
The subsidies to Northvolt are just the tip of the iceberg.
The federal government put taxpayers like you on the hook for up to $31.4 billion in corporate welfare for battery factories and the electric vehicle supply chain, according to the Parliamentary Budget Officer.
And let’s not pretend EV subsidies are the only corporate welfare Ottawa hands out.
The federal government hikes your taxes and hands out billions of your tax dollars to businesses every year. In fact, federal corporate welfare costs a Canadian family of four more than $1,100 every year!
Enough is enough.
It’s time to shut down the handouts — cash subsidies, loans, loan guarantees, all of it.
Corporate handouts don’t create prosperity. Cutting taxes and red tape does.
There’s a reason government bureaucrats “work” in government and not in the market. They should stop playing Mr. and Ms. Investment Banker with your money.
Fighting corporate welfare is a big project, but you got an important win by forcing Quebec to dump it’s failed subsidy for Northvolt.
Ottawa’s bloated bureaucracy needs a StairMaster
A new day, a new report proving you’re paying for way too many paper pushers in Ottawa.
The federal bureaucracy cost you $71.1 billion last year, according to a new report from the Parliamentary Budget Officer.
The federal bureaucracy cost you $40.2 billion in 2016.
That means the cost of the bureaucracy increased 77 per cent over the decade.
The report shows those costs will continue to balloon unless the government finally cuts spending.
The bureaucracy is projected to go up to $76.2 billion in 2029.
That runaway tab will drive up the federal deficit by another $8.5 billion over the next five years.
And here’s the craziest stat of all:
By 2029, the total compensation for each full-time federal bureaucrat will average about $172,000, when salary, bonuses, pensions and other perks are factored in.
Video: The BIG taxpayer fights as Parliament comes back this month
Parliament comes back this month and the CTF’s Kris Sims and Franco Terrazzano are breaking down the biggest taxpayer battles of the season.
We polled thousands of taxfighters like you. Here’s what you said matters most when members of Parliament return to the House of Commons on Sept. 15:
- Fight wasteful spending and push the government to stop borrowing money
- Push the government to shrink the size and cost of its bloated bureaucracy
- Oppose the media subsidies and defund the CBC
- Scrap ALL carbon taxes and fight the ban on the sale of new gas and diesel vehicles
- Taxfighters want recall and referendum legislation to hold politicians and governments accountable
WATCH: taxpayer.us1.list-manage.com
Taxpayer Reading List
If you’re looking for more reading on taxpayer issues, we’ve got you covered.
Ottawa’s ‘no more pipelines’ law is back in court, taxpayers should cheer: taxpayer.us1.list-manage.com
Taxpayers call for transparency as government spends $1 million on crack pipes and needles: taxpayer.us1.list-manage.com
Financial watchdog served taxpayers well: taxpayer.us1.list-manage.com
City of Calgary keeps golden pension title: taxpayer.us1.list-manage.com
Carney must cut unaffordable government spending: taxpayer.us1.list-manage.com
 |
