“What we’re looking to do with all the tools we have is to catalyze building of this economy. If there are some assets that the federal government has that can help with that process, we’ll look at it as part of a comprehensive approach,” Carney said.
From what I understand from the article; they’re selling public assets like airports to… checks notes … make “Canada Strong”? Isn’t this essentially privatizing public infrastructure, turning them into for-profit businesses? How will helping rich people profit from public assets help Canadians save money? How will this make Canada Strong?
*I’m starting to think Carneys a neo-liberal banker… 🤔
In my opinion, selling airports is a non starter. They don’t even do that in the US.
Not only that but the dividends paid by those now privatized assets are taxed less than work (33% less) and capital gains from buying selling shares or any return on vaital are taxed at 50% less than working income.