Corporate welfare is bad deal for Canadian taxpayers: Terrazzano

Franco Terrazzano of Canadian Taxpayers Federation, joins BNN Bloomberg to share his analysis of E.V. subsidies in Canada.
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[@brodieobrien-pickering2202]

This guy is a good guest

[@prao4603]

yeah great guest, don't know why the host is acting like a liberal activist arguing against him

[@jamesb5737]

​@@prao4603the host... Yeah. I'd LOVE to see the same story with a change of cast. Replace the host with Pierre. It will NOT help the host change his mind, but would add entertainment at the least.

[@foxtrotbravo1744]

If a company can't raise capital in the stock market, then whatever it needs it for is probably a bad idea.

[@sylvainh2o]

Pauline Marois several years ago paid 400 million $ to a company owned by her friend to supposedly save 400 jobs for 10 years. But this represent 1 million $ for each employee for 10 years and they were going to earn only half that in salary... We often paying them so much that we give them paid employees 100% free to ''save or create'' so called jobs...

[@JSRTales]

great we are working our a@ses off to pay txs and you donate to already rich

[@trails3597]

Govt gave $50m to Stelco out of a $451m for sustainability, modernization and keep jobs. Stelco had filed from bankruptcy. This saved 75 jobs (from going to China). I got all this from a CBC article. If only there were Canadian investors with the means and resolve to invest. The wealthiest Canadians invest 52% of their wealth in real estate and the Chinese produce 54% of the world's steel (lets reshore). There isn't a large industry that doesn't get breaks from the govt, including Oil and Gas with TM and Kitimat.

[@manleungfung7433]

Franco should run for election

[@goldguilder9554]

At least put the money in residential construction and mortgage backed securities

[@webrbio3153]

Irish dude sounding like a real commy with what he "doesn't know"

[@prao4603]

bnn must be getting media tax subsidies from liberal govt

[@JessT-vg7ib]

Bourgeois Socialism.

[@ruis2345]

host is like I don't believe in market, being a finance anchor. wtf is wrong with canada

[@jamesb5737]

The problem is the host THINKS like Trudeau... But on a smaller scale. Makes it easier to see. It is why Canada is where it is.

[@Martin-qm2lg]

Keep score! Very important investing rule.

[@ktktktktktktkt]

"Canadian Taxpayers Federation" is a good name for a conservative advocacy group...

[@devinmcmanus]

The best investment in Canada has been real estate for a good long time. It's the single biggest driver of our GDP. Wouldn't lower taxes and less red tape just deliver more of the same in less time? Would more risk in the real estate market encourage investors to pull their money out of real estate and put it into businesses?

[@guystoners]

Trudeau and singh making the rich richer and the poor poorer then advertising the opposite

[@KarenLavia]

We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.

[@ScottKindle-bk3hx]

Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.

[@bernadofelix]

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst

[@SandraDave.]

Could you possibly recommend a CFA you've consulted with?

[@bernadofelix]

My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@EddyAgnes-vy4kp]

Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.

[@hussienalsafi1149]

☺️☺️☺️☺️☺️

[@mediajunkie5150]

Hmmm? 🤔 Seemed everyone is complaining or has complained about the new 'Capital Gains Tax' which goes after many of the exact people you all are whining about. Whether they get money from the fed in one way, they'll get taxed in another. As soon as you interview, mention, give time to or advocate for the CTF, you lose all credibility. Picture, a world in which an alberta NDP provincial government purchased $75 million worth of medicine from a russian company in order to address a health-care crisis affecting kids. Imagine if that medicine turned out to be poorly formulated, improperly dosed, and arrived long past the point at which it could help. Imagine if a hypothetical conservative federal government had already procured supplies of medicine from more reliable suppliers before the NDP government announced its ill-fated deal. Finally, picture, in the end, less than 5,000 of the 1.5 million bottles the government bought actually ended up in pharmacies. For kicks, also picture the owner of the company that helped broker the deal, was friends with the NDP government’s justice minister - and his son worked as a political staffer in their government. You'd think the CTF would lose their crap BUT... Wait for it... CRICKETS! Reason why? = CTF is a Phony baloney conservative think tank much like the Fraser Institute. USELESS, SKEWED, BIASED, PARTISAN