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.”
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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.”
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