A new Conservative government will cancel hundreds of millions of dollars in corporate welfare handouts to wealthy executives, shareholders, and foreign companies and instead put that money in Canadians’ pockets so they can get ahead, Conservative Leader Andrew Scheer announced today.
Scheer said a new Conservative government will conduct a review of all business subsidy programs in order to eliminate $1.5 billion in corporate handouts that don’t create jobs and support economic growth in Canada.
Those savings would instead go towards new measures to help hard-working Canadians.
“Under Justin Trudeau, Canada’s wealthiest and most politically connected have received billions of dollars from Canadian taxpayers, who are working harder than ever and just not getting ahead,” Scheer said. “I will put an end to handouts to wealthy executives, shareholders, and foreign companies and instead put that money in Canadians’ pockets so they can get ahead.”
A new Conservative government will also review innovation programs to ensure that they are supporting Canadian companies with patents, technologies, and economic benefits that remain in Canada. Conservatives believe that government support should help Canadians by creating jobs and opportunities ….