Tuesday, June 27, 2023

It's Just Money

YOUR money, not theirs:

Less than half of billions paid out under a corporate subsidy program will ever be recovered, says the Department of Industry. The $7 billion Strategic Innovation Fund was launched six years ago by then-Industry Minister Navdeep Bains on a false claim it would create 56,000 jobs: “Terms are fairly flexible on the whole.”

**

The CEO of Shopify is vowing to fight a request from the Canada Revenue Agency asking the e-commerce company to provide it with six years’ worth of merchant records.

“I don’t particularly want a fight with the CRA (Canada’s tax authority)- but we got asked to backchannel them six years of records for all Canadian Shopify stores,” Tobi Lutke wrote on Twitter late Friday.

“This feels like low-key overreach to me. We will fight this.”


No comments: