The Canadian Taxpayers Federation reacted to the Trudeau government’s announcement to create a five-member advisory panel to appoint new Senators calling it “totally inadequate.” “This truly is nothing more than the proverbial lipstick on the pig,” said CTF federal director Aaron Wudrick. “Having a panel give advice about appointing Senators does not give more democratic … Read more
The Canadian Taxpayers Federation (CTF) released an analysis of the 2009 government bailouts of GM and Chrysler, finding that once the sale of stock and repayments are accounted for, the final cost to Ontario and federal taxpayers was approximately $3.7 billion. The analysis, written by Dr. Mark Milke, who has authored multiple reports on corporate … Read more
The Canadian Taxpayers Federation has released 30-second radio ads voicing opposition to the billion-dollar bailout of Bombardier. “In the overwhelming majority of industries, governments do not bail out uncompetitive businesses – and for good reason,” said CTF federal director Aaron Wudrick. “Forcing all Canadians to subsidize politically-favoured businesses is patently unfair and incredibly wasteful,” he … Read more
The Canadian Taxpayers Federation (CTF) is calling on Innovation, Science and Economic Development Minister Navdeep Bains (Mississauga-Malton, Ont.) to reject requests from the government of Quebec and Bombardier to pledge additional federal tax dollars towards the hapless aerospace company. “We congratulate Minister Bains on his new appointment, and welcome the new Trudeau government’s pledge of … Read more
The Canadian Taxpayers Federation (CTF) released its calculations of estimated pension and severance payments paid to the 180 MPs who were either defeated or did not seek re-election in the October 19 general election. Defeated and retiring MPs will collect $5.3 million in annual pension payments, reaching a cumulative total of $209 million by age … Read more
The Canadian Taxpayers Federation released its final federal election spending tracker, tabulating the cost of all promises made by the three main political parties during the the 2015 federal election campaign and following the platform release of all three main parties. For fiscal 2016-17, the cost of promises made by the Liberals is $10.1 billion, followed by … Read more
The Canadian Taxpayers Federation released a fact check of the cost of the NDP’s promise to introduce a national government-run daycare system, finding that the proposed plan left a $1.3 billion annual funding shortfall. “Quebec’s $7 a day childcare program is incredibly expensive for taxpayers,” said CTF federal director Aaron Wudrick. “What our analysis found … Read more
The Canadian Taxpayers Federation (CTF) is expressing disappointment with the latest corporate welfare binge on the agriculture and auto industries. “The CTF fully supports the TPP and believes that fewer trade barriers and access to bigger markets benefits the overwhelming majority of Canadians,” said CTF federal director Aaron Wudrick. “What we oppose is using taxpayer … Read more
A paper co-authored by the Canadian Taxpayers Federation (CTF) and Americans for Tax Reform (ATR) reveals that Montréal, Los Angeles, San Jose and Anaheim are some of the least financially attractive destinations for NHL players due to high tax rates. The new report, entitled Major Penalty for High Taxes, looks at NHL team salary spending, … Read more
The Canadian Taxpayers Federation (CTF) reacted to economic data released by Statistics Canada showing that Canada was in a technical recession during the first two quarters of 2015, showing contractions of 0.2 per cent and 0.1 per cent respectively. “Contrary to the voices calling for major ‘stimulus spending,’ that is precisely the wrong way forward,” said … Read more
