Commentary If indeed the state should ever be obligated to subsidize private enterprises, it is when those enterprises have been harmed through state intervention. Restrictions put in place to fight the COVID-19 pandemic sent shockwaves through many industries and put hundreds of thousands of jobs at potential risk. The government created the Canada Emergency Wage Subsidy (CEWS) and gave a number of bailouts to large companies in hopes of mitigating job losses. The airline industry has been impacted particularly hard, and it wasn’t surprising that Air Canada needed help. It was galling but again unsurprising to discover that while taking government bailouts and wage subsidies, Air Canada doled out $10 million in executive bonuses while still laying off 20,000 employees. What was the purpose of the bailouts if the jobs weren’t saved, and how on earth do executives deserve millions of dollars in bonuses at a time like this? While …