Last week the federal government announced it would be giving Mastercard $49 million to build a new facility in Vancouver. Giving free money to a multinational credit card company is just the latest example of corporate welfare in Canada, and by no means the worst.
In 2018 the federal government and the four largest provinces gave a combined $29 billion to corporations through programs, funding announcements, and tax breaks. Often these corporate welfare cheques are completely unnecessary.
Here are ten times the government gave your money away to corporations.