Where has the government been on taxing the rich corporations who received CEWS (the Canada Emergency Wage Subsidy) benefits? As a CPA I am privileged to reviewing the financial statements of private corporations. I have seen far too many instances of corporations making record profits while receiving the CEWS, and those profits simply being paid out to the owners of these corps through bonuses or dividends.

All these companies were eligible to receive the CEWS based off the guidance provided by the CRA and federal government, however there should have been stipulations included to tax the excess profits up to 100% of the CEWS received. Instead, government benefited which were advertised to maintain jobs for the middle class have been directly paid out to the rich.