DAN ALBAS: Why does the average person have to pay when a multi-billion dollar private company earning hundreds of millions potentially receives $12 million towards new refrigeration
Do you support large private corporations being given millions of your tax dollars on programs such as this one? This week’s report will be a short one. Chances are you have heard of the giant grocery retailer that is owned by Canada’s second wealthiest family, the Weston’s. Loblaws is a multi-billion dollar company that media sources reported, posted a $221 million net profit in the fourth quarter of 2018 The reason I mention this is the Liberal Government announced this week that it is giving Loblaws up to $12 million to help the for profit company to buy new, more energy efficient, refrigeration systems to help reduce Loblaws emissions. This announcement has been one of considerable controversy in Ottawa as both the NDP and the Conservative opposition strongly disagree. The obvious concern is that, when it comes to what Prime Minister Justin Trudeau calls “ putting a price on pollution ”, why does the average person have to pay when a multi-billion dollar priva...