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Trudeau Unveils $1.8 Billion Package for Canada's AI Sector
(financialpost.com)
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It 100% is theft when those taxes go into the pockets of tech-bros instead of healthcare or education.
I'd prefer phrasing it as "misallocation" just to avoid being associated with libertarian assholes that want their services to be provided by the government and want other people to pay for it.