Andrew Scheer is right. It’s time to end corporate welfare in Canada
From: Financial Post
Last week, before any Canadian was debating dubious prime ministerial dress-ups, Conservative Leader Andrew Scheer came out with a pledge to eliminate $1.5 billion in federal corporate welfare spending.
It’s only scratching the surface: by some estimates total annual federal subsidies to business are in the range of $14 billion. But it’s also nothing to sneeze at: $1.5 billion represents the tax bills of 100,000 average-income Canadian households.
But even as a tentative first step, Scheer’s proposal represents a clear break from the comfortable status quo consensus about corporate welfare in Canada. For starters, it’s hard to think of a major party leader openly using the term “corporate welfare” in recent years .
CPC:announces four-point plan to make home ownership more affordable
Scheer pledges to make mortgages longer, remove stress test for renewals https://t.co/KgWVLNbNv1 #cdnpoli pic.twitter.com/KIiVsYC37S
— BNN Bloomberg (@BNNBloomberg) September 23, 2019
From :BNN
Conservative Leader Andrew Scheer is laying out a plan this morning he says will make it cheaper for Canadians to buy a home.
Scheer says he’d return to allowing people to take out 30 year mortgages to help lower monthly payments, and ease what’s known as the stress test on mortgages, and remove the test altogether from mortgage renewals.
A Conservative government would also make surplus federal real estate available for development to increase housing supply, and launch an inquiry into money laundering in the real estate sector.
Scheer promises more support for Canada’s Veterans
a new Conservative government will:
1. Enshrine, in legislation, a Military Covenant between the Government of Canada and all Canada’s Veterans. This will guarantee that every Veteran is treated with respect and is provided services in a timely manner.
2. Clear the current backlog of Veterans’ benefit applications within 24 months.
3. Create a reliable, dependable pension system that, unlike the Liberal status quo, is fair to Canada’s most disabled Veterans.
4. Strengthen transition services to support discharged or retired Canadian Armed Forces members.
5. Strike an independent inquiry to provide answers about Canadian Armed Forces members who were administered mefloquine.
6. Provide more service dogs to Canadian a a Veterans in their communities.
7. Put vital commemoration projects, like the National Memorial for Canada’s War in Afghanistan, back on track.
Andrew Scheer pledges to cancel $1.5 billion in corporate welfare.
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 ….