WhatFinger

The PBO report is proof taxpayers shouldn’t trust politicians when they promise the moon with their corporate welfare deals

PBO report shows government misled taxpayers on corporate welfare


By Franco Terrazzano, Federal Director, CTF & Jay Goldberg CTF Ontario —— Bio and Archives--September 12, 2023

Canadian News, Politics | Comments | Back To Full Article

The Canadian Taxpayers Federation is calling on politicians to reject recent EV battery corporate welfare following today’s Parliamentary Budget Officer report showing governments won’t break even for 20 years – four times longer than originally promised.

“Politicians said they’d get the money back in five years, but the PBO report is clear: it’ll be 20 years before we see if these deals even break even,” said Franco Terrazzano, CTF Federal Director. “But the government has a terrible track record on corporate welfare so taxpayers should be worried about whether they’ll ever see a real return on investment.”

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