Canada Hands Out Billions to Corporations. What Are We Getting Back? | The Walrus

Business subsidies now outpace child benefits

Ketut Subiyanto, Pexels / iStock / Julieta Caballero L et’s take a quick look at the busy fall 2022 schedule of then federal industry minister François-Philippe Champagne. His department, which has had many names but is now called Innovation, Science and Economic Development, or ISED, has been a major player in the subsidies business since its creation. In mid-October, Champagne joined then prime minister Justin Trudeau in Sorel, Quebec, for a press conference with global mining giant Rio Tinto. They announced that the federal government would contribute $222 million to efforts to make the co

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