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  • Writer's picturePopCan
    • May 21, 2022
    • 1 min read

CRA spending questioned after millions in subsidies given to insolvent companies

TNC: 'The Canada Revenue Agency gave millions in taxpayer funding in the form of the Canada Emergency Wage Subsidy (CEWS) to hundreds of companies that owed the government taxes and eventually went bankrupt.


'According to Blacklock’s Reporter, an Inquiry of Ministry requested by Conservative MP Anna Roberts shows that 750 firms that became insolvent received $145.9 million in emergency funds.


'“(Of those companies) 352 owed back taxes to the Canada Revenue Agency when they were sent the Canada Emergency Wage Subsidy payments,” government staffers wrote.'


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