Layton: After all these years of inaction, will the Prime Minister finally get something done and do something the former government would not do and that is to cancel the subsidies to big oil and big ass--I mean big gas and start putting--Stephen Harper: Mr. Speaker, I promise to get to the bottom of it.
I believe that if you go and ask a chief executive of a Goldman Sachs or a BP, and they answer you honestly...they want monopolies, they want government subsidies, they want preferences – they're not interested in free markets."ian bremmer
These proposals included cries for billions of new money for social assistance in the name of “child poverty” and for more business subsidies in the name of “cultural identity. In both cases I was sought out as a rare public figure to oppose such projects.”stephen harper
Given the external benefits higher education creates, it is efficient that taxpayers subsidies should be a permanent part of the landscape.
Basically, GDP is a concept of value added. It is the sum of gross value added of all resident producer units (institutional sectors or, alternatively, industries) plus that part (possibly the total) of taxes, less subsidies, on products which is not included in the valuation of output. Gross value added is the difference between output and intermediate consumption.
World Bank studies suggest that US subsidies alone reduce West Africa's annual revenue from cotton exports by $250 [million] a year .
There may be those who wish to hear more--more promises to this group or that--more harsh rhetoric about the men in the Kremlin--more assurances of a golden future, where taxes are always low and subsidies ever high. But my promises are in the platform you have adopted--our ends will not be won by rhetoric and we can have faith in the future only if we have faith in ourselves.
One of the many economic differences between developed and developing countries is that developed countries subsidize farmers while developing countries tax farmers. . . . World Bank studies suggest that US subsidies alone reduce West Africa’s annual revenue from cotton exports by $250 [million] a year.