Toronto, ON: The Canadian Taxpayers Federation is calling on the Trudeau government to reject Stellantis’s demands for even more corporate welfare. The company is now seeking payments in line with subsidies the federal government gave Volkswagen.
“If you hand out billions of dollars in taxpayer cash to one auto company, of course the others will follow,” said CTF Ontario Director Jay Goldberg. “Taxpayers can’t afford to throw money at every company under the sun and Ottawa needs to say no before it wastes billions more.”
Last month, the Trudeau government announced it was handing Volkswagen $13.5 billion in taxpayer-funded subsidies to build a new electric car vehicle battery plant. Stellantis, the parent company for Chrysler, Jeep and Fiat, already received $1 billion in subsidies from the Ontario and federal governments in 2022. After the Volkswagen announcement, Stellantis is demanding more.
In light of Stellantis’s demands, Ontario Premier Doug Ford is calling on the federal government to give the automaker more taxpayer cash and isn’t ruling out more money from the province.
“Ford is wrong to be pushing to give Stellantis even more money,” said Goldberg. “Both governments need to end their addition to corporate welfare.
“If governments want to support business, they should cut corporate taxes to save money for the locally owned corner store and not just multi-national corporations.”
As you may know, we're working hard to stop Prime Minister Trudeau's attempt to add a 2nd carbon tax upon Canadian taxpayers. If you are against this tax, would you take a moment today to read and consider signing the petition below?
When you do, your name will be added to the growing list of tens of thousands across our country who want to tell the government that we are opposed to these new taxes. Please take a moment to read the petition below and consider signing it today.
To Prime Minister Justin Trudeau:
The federal government is introducing new fuel standard regulations to require industry to reduce the carbon content of fossil fuels. If industry can’t meet the standard, they’ll have to pay Trudeau's second carbon tax. This tax will ultimately hit already struggling families and businesses.
It’s bad enough that taxpayers are already paying for one carbon tax. Canadians certainly can’t afford a second carbon tax.
We, the undersigned, call on Prime Minister Justin Trudeau to scrap plans for a second carbon tax.