Transport Minister Steven MacKinnon won’t guarantee the cost to fly won’t go up for travellers if the federal government follows through on its plan to privatize Canada’s four largest airports but does promise an improved experience and partial regulation.
It always happens. After privatization prices go up and/or service levels go down.
That’s the only way for the new owner to “earn” their profits.
Privatization is a one-time win for the finances of the government of the day, and a long term burden on the people who use that service.
But some profiteer gets infrastructure for cheap that they can extract profit from.